In the spotlight today are the developments within the treasury markets. US 10-year yields have soared, reaching their highest point since 2007. This surge is largely attributed to expectations that Fed will keep high interest rates for longer, if not push them even higher. Fed hawks have been vocal this week, indicating the plausible scenario […]
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Working Americans generally understand that the federal government’s Medicare program will largely cover their health care needs after they become eligible to enroll at age 65. Personal finance bestselling author and radio host Dave Ramsey Read more…
Australia’s monthly CPI was unchanged at 2.5% yoy in January, falling short of expectations for a slight uptick to 2.6%. However, underlying inflation pressures showed signs of persistence, with CPI excluding volatile items and holiday Read more…
Richmond Fed President Tom Barkin highlighted the need for a “modestly restrictive” monetary policy stance until there is greater confidence that inflation is firmly returning to the 2% target. Speaking in a speech overnight, Barkin Read more…