Duffy said opposing views on Fed policy should provide further tailwinds for interest-rate trading, while continued uncertainty around the U.S. election and geopolitics will drive liquidity and risk management needs across rates and other asset classes. Sponsored Bank Accounts 1 Vystar Credit Union ...
Instead, it was the Fed taking on a role of the “market maker of last resort,” so to speak. And yet, despite the different goals, the two different operations look the same and are carried out by the same officials (the members of the FOMC). /jlne.ws/3z8z7V4 China ...
Stanley Fischer’s departure reveals weakness at the Fed; Preserving independence from Washington is vital for the US central bank Adam Posen – FT The early resignation of Stanley Fischer, the Federal Reserve board vice-chairman, is a reminder that the coming turnover in the Fed’...