Interest rates

Fed expects gradual rate increases in next 2 years

Fed expects gradual rate increases in next 2 years

Nearly all members of the Federal Open Market Committee expect economic conditions to warrant only gradual increases in the federal funds rate, and many did not expect it to reach more normal levels...

January 04, 2017 | 03:53 pm
Corporate pension funding ends 2016 slightly down for the year, report says

Corporate pension funding ends 2016 slightly down for the year, report says

The funded status of the largest U.S. corporate pension plans fell 1 percentage point to an estimated 80% in 2016, down from 81% at the end of 2015, Willis Towers Watson says.

January 03, 2017 | 02:10 pm
$4.9 trillion in principal due from the U.S. Treasury in 2017

$4.9 trillion in principal due from the U.S. Treasury in 2017

The U.S. and Japan have $4.8 trillion and $2.2 trillion in maturing government debt in 2017, respectively.

January 03, 2017 | 11:31 am
Hedge fund managers see smooth sailing

Hedge fund managers see smooth sailing

Hedge fund managers are singing much the same optimistic refrain for 2017 as they did for 2016, but with much more conviction and a nod to President-elect Donald Trump for setting the stage for the...

December 26, 2016
European markets shift focus to politics from monetary policy

European markets shift focus to politics from monetary policy

Politics will be key for European markets in 2017 as a series of upcoming high-profile elections begins to shift money management executives' focus away from the monetary policy debate that has...

December 26, 2016
U.K. Treasury Committee opens consultation into monetary policy impact since 2008

U.K. Treasury Committee opens consultation into monetary policy impact since 2008

The U.K. Treasury Committee will consider the effectiveness and impact of monetary policy since the 2008 financial crisis, looking in part at the unintended consequences for retirement plans and...

December 22, 2016 | 11:47 am
Goldman Sachs to pay $120 million to settle charges of manipulating ISDAFIX

Goldman Sachs to pay $120 million to settle charges of manipulating ISDAFIX

Goldman Sachs Group will pay a $120 million penalty to the Commodity Futures Trading Commission to settle charges of false reporting and attempted manipulation of the U.S. Dollar International Swaps...

December 21, 2016 | 01:31 pm
Some of the scariest bonds are in the eurozone

Some of the scariest bonds are in the eurozone

As absurd as it might seem to investors in global bond funds, risk in bonds issued by some of the 19 members of the eurozone may, quite soon, become among the scariest in the world.

December 20, 2016 | 09:59 am
Bank of Japan caps momentous year with upgrade to outlook, policy on hold

Bank of Japan caps momentous year with upgrade to outlook, policy on hold

The Bank of Japan closed a tumultuous year for monetary policy with an upgrade to its assessment of the economy while keeping its yield curve and asset purchase programs unchanged.

December 20, 2016 | 09:34 am
Bank of England, Norges Bank stand pat on interest rates

Bank of England, Norges Bank stand pat on interest rates

The Bank of England will keep interest rates unchanged at 0.25%, noting slightly greater momentum in the global economy, while warning that the global outlook has become more fragile.

December 15, 2016 | 12:58 pm
Fed raises rates another 25 basis points

Fed raises rates another 25 basis points

A unanimous Federal Open Market Committee agreed Wednesday to increase the federal funds rate by 25 basis points to a 0.5% to 0.75% range, echoing a move made in December 2015 that raised rates to a...

December 14, 2016 | 02:59 pm
ECB extends QE to December 2017, keeps interest rates unchanged

ECB extends QE to December 2017, keeps interest rates unchanged

The European Central Bank will extend its asset purchase program to the end of December 2017, but at a reduced monthly pace.

December 08, 2016 | 08:01 am
3 banks fined €486 million for manipulating EURIBOR

3 banks fined €486 million for manipulating EURIBOR

J.P. Morgan Chase, Credit Agricole and HSBC on Wednesday were fined a total of €486 million ($515 million) by the European Commission for manipulating the EURIBOR benchmark interest rate.

December 07, 2016 | 12:11 pm
Why equity investors should worry less about the Fed

Why equity investors should worry less about the Fed

Investors have less reason to worry about the impact of a December rate hike than they might think. In fact, we argue investors should be more worried if the Fed finds itself unable to raise rates.

December 06, 2016 | 10:26 am
November market review

November market review

U.S. equity markets had a strong November following the results of the presidential election.

December 01, 2016 | 12:47 pm