And rising long yields
Figure prompts traders to increase bets Federal Reserve will slow pace of interest rate cuts
Don’t rely on easy r* narratives
Central banks are in cutting mode — but how fast they will lower interest rates remains unclear
US central bank chair expresses ‘growing confidence’ of soft landing for economy
Big interest rate cut is yet another evolution in paradigm of liquidity dominance
It’s hard
Data comes after US central bank last week cut interest rates for the first time since the pandemic
St Louis Fed president tells FT the economy could react ‘very vigorously’ to loosening financial conditions
When corporate treasurers take an FX punt
Tech stocks re-emerge
Plus rehashes of Fed epiphenomenalism and small caps
Smaller stocks used to outperform their bigger cousins. Will that ever be the case again?
The Fed went all out last week. The aftershocks of the jumbo cut are still reverberating
An interesting heresy
No one wants to end up paying more for a poorer-quality company
Lenders charged more for loans but kept interest payments to savers down, FT analysis finds
Market Questions is the FT’s guide to the week ahead
Believers in predictive power of so-called inversion in bond markets still think it augurs downturn
Local currency bonds have lagged this year but Fed’s move is expected to ease pressure on developing nations
Policymakers are lowering rates and signalling new confidence that a ‘soft landing’ is possible. But few are ready to declare victory
Influential governor Christopher Waller says inflation is falling more quickly than he expected
The labour market is softer than it appears
Global stocks rally as investors bet that the central bank’s move will support US economic growth
Unpacking Wednesday’s big rate cut
