It has been a big week of central bank policy announcements. While central banks in the US, UK, Switzerland, and Japan left key policy rates unchanged, the trajectory ahead remains vastly different. These central bank announcements were accompanied by a significant upward breakout in bond yields. Interestingly most of the increase in yields has been driven by...
Hi everyone, just share some thoughts regarding to the FOMC's meeting last week:
- Fed's rate hike with 0.25% as expected after considering 1% before the pre-bank-crisis events and 0% for post-events. It's more logical for me than any other option, as inflation is still high, the labor market is still hot, and the economy is still boosted with hyped capital goods...
