Offshore data and events drove financial markets last week. A hawkish dissent to the Fed rate cut and a hot Aussie inflation print saw expectations for further easing from the Fed and RBA pared back.

The euro fell to a three-month trough and last traded at $1.1527. Sterling fell 0.26% to $1.3136 ahead of the Bank of England's rates decision this week; the central bank is expected to stand pat.

For the market, the end of QT came as liquidity conditions in the Treasury and repo markets began to tighten, with funding stress building. Read more here.

North American central banks lowered borrowing costs but signaled fewer cuts ahead, while the ECB and Bank of Japan held ...

The central bank said it will soon end its efforts to shrink its now roughly $6.6 trillion balance sheet under a program known as quantitative tightening, or QT, which began in 2022 as a way to ...

Since ChatGPT launched in November 2022, the economy has seen a 70% surge in the S&P 500 but a 30% drop in job openings. Analysts suggest the decline is largely due to Federal Reserve policies rather ...

Federal Reserve liquidity facilities caught fire on Friday as month-end pressures pushed a key lending tool to a record level of usage.

While the rates consumers pay to borrow money aren’t directly linked to this rate, shifts affect what you pay for credit ...

Investing in bond funds introduces more return variability vs. the implied outlook with a relevant buy-and-hold position in ...

A chart making the rounds on social media has sparked intense debate about the state of the American economy. Since November ...

The Federal Reserve's decision on Wednesday to begin winding down its long-running balance sheet runoff has done little to ...

Once we look past the Fed's excuses, it's likely we're witnessing the Fed give up on its two-percent target in real time.