The ECB Must Act Soon to Avoid a Currency Crisis: Bloomberg
This is a risk the ECB can no longer take. It has to raise rates this year and telegraph its expected actions clearly. Otherwise, its...
Rents in the Miami Metropolitan Area Rose 58% From March 2020 to March 2022: Bloomberg
Two-year rent data showcase how the map of the U.S. economy shifted to the Sun Belt and away from expensive coastal cities and technology hubs...
The Fed Has Made a U.S. Recession Inevitable
(Bloomberg Opinion) — U.S. Federal Reserve Chair Jerome Powell has made two ambitious assertions about the central bank’s management of the economy. In his latest...
The Bond Market Is the One Behind the Curve Now
(Bloomberg Opinion) — The bond market needs to take the Federal Reserve at its word this time. After pushing the central bank to accept that the...
Summers Says Fed Policy Is ‘Triumph of Hope Over Experience’
(Bloomberg) — Larry Summers, President Emeritus at the Kennedy School of Government and former U.S. Treasury Secretary, continued his criticism of Federal Reserve policy by...
The Fed Needs to Delay Its Rate Hikes: Bloomberg
After next week’s hike, the Fed should hit pause for at least the next several months and possibly through the summer — even though the...