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Powell Lights Up the Dollar

Hawkish comments by Fed Chair Powell stoked a jump in yields and lit the dollar.  News that Alibaba was boosting its share buyback program to $25 bln from $15 bln helped lift HK shares, while...

global-economy-inflation-growth-marketexpress-in

Fragile Calm Returns and Powell’s Anti-Inflation Rhetoric Ratchets Up

Into the uncertainty over the implications of Omicron, the Federal Reserve Chairman injected a particularly hawkish signal into the mix in his testimony before the Senate.  These are the two forces that are shaping market...

 

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