The Fed Will Cut Rates in the Fall As Credit Faces 'Tight Vise': Economist
"We have this chronic condition that I think is a really tight vise on Main Street lending," Paul McCulley said.
Source: businessinsider.com
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Top News In Monetary Easing Today - Breaking & Trending Today
The Worst Thing the Fed Can Do Is Cut Interest Rates, El-Erian Says
Markets are mistaken in hoping for a rate cut, as the move would have serious consequences for the economy, Mohamed El-Erian said.
Source: businessinsider.com
Japan's extraordinarily expensive defence of its monetary policy
As the central bank defies speculators, potential costs mount
Source: livemint.com
The 'Inflation Gorilla' Is Out of Its Cage, Not Coming Back to 2% Soon
"They let the inflation gorilla out of the cage. And right now there's not enough bananas in the world to entice it back into the cage."
Source: businessinsider.com
Stock Market Outlook: S&P 500 Could Hit New Record in a Vertical Rally
The S&P 500 could reach 4,400-4,500 by the end of the year, as easing inflation means discounting hawkish Fed talk, Fundstrat said.
Source: businessinsider.com