Michael Wilson

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Fed forecast from Morgan Stanley

Morgan Stanley announced that it expects a 25 basis point rate hike in July after Fed Chairman Powell's messages last week. After Fed Chairman Jerome...

Fed forecasts dominate global markets

Positions taken in the options markets indicated that expectations for the Fed's rate cuts this year decreased. Morgan Stanley also expects a 25 basis...

IMF: ECB should continue rate hikes

International Monetary Fund (IMF) Vice-President Gita Gopinath said the European Central Bank and other major central banks should continue to raise interest rates to...

China’s yuan defense

The People's Bank of China set yuan pegging above expectations to support the currency. To slow the currency depreciation, the People's Bank of China (PBOC)...

Expectations for Fed rate cuts to decline

Positions taken in the options markets indicated that expectations for the Fed's rate cuts this year decreased. Short-term interest rate market investors have begun to...

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