The Changing Nature of Risk Management
The confluence of major transitions in the global economy is changing the nature of risk and how it is managed. Key features that are shifting gears include the Federal Reserve (Fed), European Central Bank and many of their peers now fighting inflation with elevated interest rates, geo-political tensions stemming from Russia-Ukraine and China-U.S. relations, global warming creating more powerful storms and periods of extreme heat and drought, and severe headwinds from shifts in demographic patterns in many aging industrial economies. Not only do these transitions have the potential to increase volatility in some ... (full story)
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The Fed has left the Fed funds target range at 5.25-5.5% and continues to indicate the prospect of another 25bp hike this year. Longer term, the Fed is signalling less prospects ...
post: FED'S POWELL: IF ECONOMY STRONGER THAN EXPECTED, THE FED MUST DO MORE. post: POWELL: OVERALL HOUSEHOLDS ARE IN GOOD SHAPE, WITH HOT LABOR MARKET, RISING WAGES
post: FED'S POWELL: THE ECONOMY APPEARS TO HAVE SIGNIFICANT MOMENTUM. post: POWELL: ENERGY PRICES BEING HIGHER IS A SIGNIFICANT THING post: Fed’s Powell: ‘Well Aware’ We Need More Than 3 Good Inflation Readings post: FED'S POWELL: WE ARE NOT LOOKING FOR A DECREASE IN CONSUMER SPENDING. post: POWELL: IT'S A GOOD THING THE ECONOMY IS HOLDING UP UNDER RATE HIKES
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The EUR/USD is sharply off the day's highs of 1.0735, trading into the low end and chalking in a new low for Wednesday near 1.0650. The Federal Reserve (Fed) updated their Summary ...
GBP futures reverse higher after hitting their lowest level since May 26. Bob Iaccino has more.
Key facts: In the June 2023 quarter, compared with the March 2023 quarter: • GDP rose 0.9 percent • expenditure on GDP rose 1.3 percent • service industries rose 1.0 percent • ...