Fed Governor Michelle Bowman warns against hiking interest rates because of inflation spike
Bowman said reacting to the inflation surge, driven primarily by energy prices and tariffs, has proven ineffective.
Source: www.cnbc.com
Bowman said reacting to the inflation surge, driven primarily by energy prices and tariffs, has proven ineffective.
Source: www.cnbc.com
Wall Street’s biggest bears have gone quiet on 5% Treasury yields. Bank of America Private Bank Chief Investment Officer Chris Hyzy says the level no longer scares stocks the way it once did. The bigger question is whether Bitcoin can also fight off the bear case high treasury yields can bring for risk-on assets. While…