Ares, Apollo, Blackstone and KKR prepare to increase buyout-linked investments as interest rates ease
US central bank’s decision to hold interest rates at 23-year high criticised by economists and politicians
A bigger rate cut than the Fed envisages may be warranted in September
Investors balk at steep valuations amid modest corporate outlooks and bets rise on Fed rate cuts
Second-quarter earnings of $1bn missed expectations as hedging costs on floating rate exposure has yet to pay off
Jobs a bad ’un
The rate-cutting cycle is unlikely to be a smooth ride down
And crypto regulation
Central bank holds rates steady but comments by chair Powell boost expectations of pre-election move
Central bank inflation forecasts have become much more accurate, so why are they still in the doghouse?
Reverse reserve reservation reservations
It will not want to look as if it is prejudging policies as inflationary during election season
Jay Powell & Co needn’t rush into a September cut
US central bank set to acknowledge that easing inflation and softening jobs market justify policy pivot
Central bank independence underpins US economic and financial stability
Earnings misses and sentiment slowdown suggest crucial driver of economic growth may have peaked
The fate of FAIT and a fait accompli
An unexpected flare-up in US inflation last quarter is one reason officials want to see more data
View on the outlook for markets are unusually divergent
Small-cap stocks surge in expectation they will benefit disproportionately from a Fed interest rate cut
Christopher Waller and John Williams indicate reduction could happen ahead of presidential election, angering Trump
Political capture of the central bank would have profound implications for how future fiscal policy might affect the economy
Ex-president says he would let Jay Powell finish term at central bank if he was ‘doing the right thing’
Precious metal tops May peak after rallying 6% this month
Latest drop in consumer prices adds to expectations that Federal Reserve will cut rates at September meeting
