Say goodbye to quantitative easing, the G7 is expected to shrink its balance sheet by about $410 billion during the year: The global exit from quantitative easing is set to accelerate as central banks prepare to reverse the massive bond-buying measures taken during the new crown epidemic, which may cause…

Inflation worries, U.S. consumer confidence fell to a 10-year low in early February: U.S. consumer confidence fell to a 10-year low in early February, as rising inflation concerns dented consumer confidence in personal finances. Data on Friday showed the University of Michigan’s consumer confidence index fell to 61.7 from 67.2…

01 The U.S. and Japan are reported to announce an end to Trump-era steel tariffs on Japan: The United States and Japan are set to announce a deal on Monday to end tariffs imposed on Japanese steel under Trump, according to people familiar with the matter. Washington will suspend 25…

U.S. non-farm employment has withstood the test of the epidemic and has grown significantly, and wage data may intensify the pressure on interest rate hikes: Despite a record surge in Covid-19 infections in January and some business closures, U.S. employers continued to hire on a hiring spree and a sharp…

Financial markets have a bumpy future as the Fed kicks off the fastest global monetary tightening cycle in decades Powell’s “one-sentence statement” A group of analysts rushed to predict that the Fed will raise interest rates earlier and faster: Federal Reserve Chairman Jerome Powell has argued that the U.S. faces a “different economic expansion” than the last time monetary policy was tightened, prompting some economists to expect the Fed…

01 Powell supports raising interest rates in March, not ruling out a rate hike at each meeting: Federal Reserve Chairman Jerome Powell said the central bank is ready to raise interest rates in March and does not rule out raising interest rates at each future policy meeting to combat inflation…

U.S. stock market: The broader market rebounded, and the bottom-hunting funds pushed the index to recover all lost ground: Driven by bottom-hunting funds, U.S. stocks, which had the biggest drop in nearly two years, recovered all their lost ground amazingly. Geo tensions and the Fed’s policy actions to tackle inflation…

01 Economists expect the Fed meeting next week to signal a rate hike in March and shrink its balance sheet shortly thereafter: Economists polled by Bloomberg expect Fed officials next week to signal the first rate hike in more than three years in March and to begin shrinking the balance…

NY Fed President: The Fed is ‘closer’ to a rate hike decision: New York Federal Reserve Bank President John Williams said the Fed is getting closer to a decision to gradually raise interest rates given the current signs of a very strong labor market. “The next step in reducing monetary…