**The World Holds Its Breath While Washington Plays Interest Rate Roulette** As Federal Reserve Chair Jerome Powell emerges from the marble temple of American monetary policy this week, global markets will be watching with the same nervous anticipation usually reserved for North Korean missile launches or Elon Musk’s Twitter feed. The September Fed meeting—essentially the…
The Fed Waves a Red Flag and Calls It a Victory Parade By Helena de la Cruz, Senior Correspondent, Dave’s Locker Washington, D.C. – If you listen very carefully at 2 a.m. in Singapore, you can almost hear the champagne corks popping inside the Eccles Building. The Federal Reserve has, at long last, delivered the…
NEWS FROM THE NUMBERS COALFACE 10-Year Treasury Yield: A Moody Barometer for a World That Can’t Decide If It’s Dying or Just Napping SINGAPORE—Every morning, somewhere between the first espresso and the last muttered curse at Bloomberg, traders around the planet glance at one figure the way medieval sailors once checked the North Star: the…
