Page 2 - Gary Pollack News Today

Investors tip-toe into government bonds as central banks tighten monetary policy to combat inflation, squeezing yields higher.

U.S. Federal Reserve rate decisions are typically a wait-and-see affair where it takes time for the markets to fully digest the Fed's comments.

Fed surprise pick could upset markets primed for Powell second term We’re sorry, this service is currently unavailable. Please try again later. Dismiss By Vildana Hajric, Max Reyes and Liz Capo McCormick August 5, 2021 — 3.00am Normal text size Advertisement On Wall Street, investors are banking on another four years for Jerome Powell as chair of the Federal Reserve - introducing a potential risk for President Joe Biden should he opt to replace him. “My view is that he would be the right ...

The Fed is currently buying around $120 billion in debt each month -- $80 billion of Treasuries and $40 billion of mortgage-backed securities. The central bank has said it will continue to do so until it has made “substantial further progress“ toward its employment and price goals.