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Quantitative Tightening Looms For Markets as Fed Turns Hawkish

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Jerome Powell’s hawkish pivot makes it clear that a key crutch of support for the global economy is going to be pulled away sooner than financial markets had been betting.
Hong Kong Jerome Powell Janet Yellen Freya Beamish Mansoor Mohi Uddin Michael Hanson

End of Negative ECB Rates This Year Is Latest Bet for Traders

(Bloomberg) -- Traders are accelerating bets on European Central Bank policy tightening, now seeing the key rate hitting zero by the end of this year.  Money markets have priced in 50 basis points of tightening for December, which would be enough to end seven years of negative ECB deposit rates.
Noord Holland Aline Schuiling Jari Stehn Christine Lagarde Nick Kounis Madis Muller

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