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interest rates
US Economy
Yield uncertainty will persist even if the Fed is done raising rates
Not so fast, unfortunately, for all of us who hope for greater certainty and less yield volatility
November 12, 2023
US Economy
Even Jerome Powell is having trouble reading this economy
'By the way, I’m not blessing any particular level of longer-term rates'
October 22, 2023
US Economy
Fed officials prepare to extend rate pause without saying hikes are done
It's too soon to declare victory
October 15, 2023
Tong's Portfolio
Right to leave domestic interest rates unchanged, but ringgit will weaken
Higher interest rates will worsen the already large fiscal deficit.
September 14, 2023
US Economy
Fed can't celebrate yet as investors expect rates, inflation to remain elevated
Powell and co. can’t be sure they’ve raised interest rates high enough to tame prices
August 21, 2023
US Economy
Fed seen hiking final time to a 22-year peak in economist survey
Most of the economists expect no change in the FOMC statement’s guidance
July 20, 2023
Tong's Portfolio
Secular decline in interest rates has ended. Cash is no longer trash
... beware risky assets
July 14, 2023
Summers warns on inflation complacency, sees more bond declines
'My best guess is that you're going to see further adjustment as the data continues to come in'
July 08, 2023
Global Economy
Powell says likely need two or more hikes to cool inflation
Inflation pressures continue to run high, and the process of getting inflation back down to 2% has a long way to go
June 29, 2023
Global Economy
Final stretch of central-bank hiking will be toughest, BIS says
'Interest rates may need to stay higher for longer than the public and investors expect'
June 25, 2023