Bill Gross: Bloated Central Banks’ ‘Curveball’ Threatens Global Economy
The more levered an economy is, the more sensitive it is to shifts in short-term interest rates and a flat yield curve, he argues.
Gundlach: Even Odds of 3rd Rate Hike; Trump Being ‘Rope-a-Doped’
For some market players, it makes sense to move to cash, the DoubleLine executive says, reiterating the bumps he sees ahead.
Is Fed Rate Hike Imminent?
All eyes are on Washington as Janet Yellen and her colleagues gather to discuss interest rates and the economy.
Pimco Sees 10-Year U.S. Yield Rising to 3% on Fed Hikes, Taper
Failure to enact an ACA change package or a tax change package could hold down rates.
Fed's Powell Takes Wall Street Oversight Reins From Departing Tarullo
Federal Reserve awaits Trump appointments to three openings as new assignments put Powell atop board’s supervisory panel.
Fed's Lacker Resigns Over Role in Leaking Secret Info
The Richmond Fed president says he regrets he "crossed the line." He was set to retire in October.
Bond Traders Are No Fools, Dismissing Bluster of Four Rate Hikes
The 10-year Treasury yields only about 2.39%, after moving between 2.3% to 2.63% last quarter.
El-Erian: The ‘New Normal’ Is Over
As the "new normal" comes to an end, the economist says, politicians will be in the driver’s seat — will they speed ahead or crash?
Fed raises benchmark rate as inflation approaches 2% target
The Federal Reserve raised its benchmark lending rate a quarter point Wednesday and continued to project two more increases this year.
Fed Appoints First Black Regional-Bank Chief
Ex-Obama administration official Raphael Bostic will lead the Atlanta Fed and will be a voting member of FOMC next year.