And rising long yields
Figure prompts traders to increase bets Federal Reserve will slow pace of interest rate cuts
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you
Don’t rely on easy r* narratives
There are reasons to expect real rates to go even higher
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
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
The Fed went all out last week. The aftershocks of the jumbo cut are still reverberating
An interesting heresy
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
Investors have no choice but to guess at the neutral rate
US central bank’s decision marks milestone in two-year fight against inflation
As US inflation eases, the central bank is now focused on its other mission: protecting jobs
Former president adds that central bank could be ‘playing politics’ as it reduces interest rates ahead of election
Rare half-point reduction was baked into last week’s rally and led to a mild sell-off afterwards
Even so, perma-critics of the US central bank are cracking their knuckles in anticipation
Its self doubt comes in a decisive week for central banks
