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Libor Cracks 5% for First Time Since '07, Spurred by Fed Outlook
The three-month London interbank offered rate for dollars, a major global lending benchmark, surpassed 5% for the first time in more than 15 years on Monday. Much of the recent surge in Libor, which is set to be phased out on June 30, has been driven by expectations for Fed policy tightening.
Global Supply Chains Back to Normal After Rocky Three Years, NY ...
Libor Cracks 5% for First Time Since '07, Spurred by Fed Outlook
The three-month London interbank offered rate for dollars, a major global lending benchmark, surpassed 5% for the first time in more than 15 years on Monday. Much of the recent surge in Libor, which is set to be phased out on June 30, has been driven by expectations for Fed policy tightening.
Global Supply Chains Back to Normal After Rocky Three Years, NY ...
![Wall Street Today | Morgan Stanley Sees Near-Term US Stock Market Rally](https://1400137786.vod2.myqcloud.com/3fdf1d2cvodtransgzp1400137786/9a825cdc243791580329059677/coverBySnapshot/coverBySnapshot_10_0.jpg)
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Fed Officials Float Even Higher Rates After Brisk Inflation Data
Fed officials stressed the need for further interest-rate increases to help tame inflation, but expressed differing views about how close they are to stopping after new data showed signs of persistent price pressures.
BofA Survey Shows Investors Expect Stock Rally to Fizzle Out
About 66% of participants in the bank's February survey said stoc...
Fed Officials Float Even Higher Rates After Brisk Inflation Data
Fed officials stressed the need for further interest-rate increases to help tame inflation, but expressed differing views about how close they are to stopping after new data showed signs of persistent price pressures.
BofA Survey Shows Investors Expect Stock Rally to Fizzle Out
About 66% of participants in the bank's February survey said stoc...
![Wall Street Today | Fed Officials Float Even Higher Rates After Brisk Inflation Data](https://1400137786.vod2.myqcloud.com/3fdf1d2cvodtransgzp1400137786/a0d12ae0243791579636235892/coverBySnapshot/coverBySnapshot_10_0.jpg)
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Fed's Bowman Expects More Rate Hikes to Reach Inflation Goal
"We are still far from achieving price stability, and I expect that it will be necessary to further tighten monetary policy to bring inflation down toward our goal," Governor Michelle Bowman said Monday. "Doing so will likely lead to subdued growth in economic activity and some softening in labor-market conditions."
Morgan Stanley Strategists Sa...
Fed's Bowman Expects More Rate Hikes to Reach Inflation Goal
"We are still far from achieving price stability, and I expect that it will be necessary to further tighten monetary policy to bring inflation down toward our goal," Governor Michelle Bowman said Monday. "Doing so will likely lead to subdued growth in economic activity and some softening in labor-market conditions."
Morgan Stanley Strategists Sa...
![Wall Street Today | Morgan Stanley Strategists Say Stocks Ignore Fed, Earnings Reality](https://1400137786.vod2.myqcloud.com/3fdf1d2cvodtransgzp1400137786/949904e5243791579568664590/coverBySnapshot/coverBySnapshot_10_0.jpg)
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