The Bank of England made its largest interest-rate increase in three decades in response to inflation that the central bank still expects to accelerate. By a 7-to-2 vote, the U.K. Read more
Tag: dovish
What does a pivot look like? Here’s how Australia’s central bank framed a dovish surprise.
Central banks across the globe are fighting rampant inflation with aggressive interest-rate hikes, so much so that even rate increases can come across as dovish, depending on how they are Read more
Investors betting on a dovish Fed pivot are engaging in a delicate dance, warns Goldman
A powerful rally across financial markets sparked this month as more investors bet on the Federal Reserve pivoting away from aggressive interest rate hikes has gone “too fast, too soon” Read more
Was Fed’s Powell dovish or not? 4 key takeaways from today’s press conference
Investors reacted as if Fed Chairman Jerome Powell’s press conference Wednesday was dovish, but many economists think it was on the hawkish side of the street. Here are some of Read more