The challenges brought by shrinking central bank balance sheets
Quantitative tightening and a reduction in central bank liquidity will add upward pressure to long rates. Money market rates were suppressed in 2022. In…
Is quantitative tightening really coming to the eurozone?
The European Central Bank looks determined to follow in the Federal Reserve's footsteps. After the start of aggressive rate hikes, and with no end in…
Fed hikes 50bp with much more to come
The Fed has hiked 50bp and is formally starting quantitative tightening as it seeks to get a grip on inflation. The Fed acknowledges that "ongoing…
