macro
Wondering why so many things seem to have been going wrong this year, from contaminated lettuce to measles outbreaks to air-traffic-control-related flight cancellations? The reduction in federal government capacity caused by the Trump administration’s job cutbacks may be a factor.
Should the federal government give subsidies to parents who stay home to care for their young kids? Absolutely. Should it also subsidize childcare for working parents? For sure. This shouldn’t be an either-or question, but the Trump administration’s new childcare subsidy plan makes it one.
Amy Wu Silverman, RBC Capital Markets Head of Derivatives Strategy, joins Bloomberg's Anna Edwards on "Bloomberg Brief" to discuss her expectations ahead of the Federal Reserve meeting later this week and shares her reaction to tech leaders calling for a slowdown in AI models. (Source: Bloomberg)
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Investors expect BoE to hold borrowing costs this week but signal a possible increase later in the year
The need to show improvement on inflation proves too high a bar.
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Dollar steady, yen near 7-month high ahead of Fed, BOJ meetings
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Self-driving cars could transform urban transport, if they can win public trust
Trump presses Fed for lower rates ahead of policy meeting
The bond selloff has driven a key Treasury yield to the verge of 5%, worsening angst from Wall Street to Washington about the higher borrowing costs hitting the US economy.
Emerging markets have defied war, $100 oil and rising Treasury yields this year. And despite worries of a US interest-rate hike, investors see reasons for this year’s rally to keep going.