Get ready for ‘QE4,’ says analyst at Credit Suisse
The Federal Reserve’s actions to calm the stresses in short-term funding markets haven’t worked, said a key analyst who predicts that the central bank may have to resort to a fresh round of crisis-era monetary policy.
“If we’re right about funding stresses, the Fed will be doing ‘QE4’ by year-end” Zoltan Pozsar Fed Chairman Jerome Powell has described the turmoil that recently caused short-term rates to spike back in September as “technical” and “under control.”“Year-end in the [currency] swap market is thus shaping up to be the worst in recent memory, and the markets are not pricing any of this,” he told clients.
Some strategists have called the important funding mechanism as broken, with James Bianco, founder of Bianco Research in Chicago, telling MarketWatch last week that the central bank hasn’t done enough to improve liquidity into the financial system.In a Monday report, the Bank for International Settlements said an unwillingness among leading U.S.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Plane that fell onto Upland home stalled before crash, NTSB report showsInvestigators say a small plane that crashed into a Southern California home was getting ready to land at a nearby airport when its engine stalled
Leer más »
Column: Trump gets little credit for foreign policy — for good reasonTrump gets little credit for foreign policy successes — for good reason. There are almost none.
Leer más »
A top analyst said Apple will remove the charging port from an iPhone in 2021 — that's a bad ideaOne analyst suggested Apple will remove the Lightning charging port from an iPhone in 2021, but we're not ready for purely wireless technology.
Leer más »
Fifty-two public health groups demand Facebook remove latest round of 'frightening' HIV ads that discourage preventative medicineCritics say the ads hark back to controversial marketing in the 1980s that stigmatized LGBTQ communities.
Leer más »
Trump may defuse China trade dispute, delay deal until after election, Wall Street analysts sayTrump is expected to delay any China trade deal beyond Sunday's deadline for tariffs to rise and may even wait until after the 2020 election, Wall Street analysts said in a Newsweek poll
Leer más »