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Traders forecast benchmark rate will settle at about 3.5%
Top US monetary policymaker all but rules out cutting borrowing costs as early as May
Swaps markets price in less than 0.75 percentage points of rate reductions
And replies on UK stocks
Comments from central bank chief come after PCE gauge of price pressures ticked higher in February
Progress on taming price rises ‘has slowed and may have stalled’, according to Christopher Waller
Last week’s monetary policy moves mark a shift away from strict inflation targeting
They’re being too loud
And other financial market monsters
If the economy is doing well with the current level of interest rates, why lower them?
Market Questions is the FT’s guide to the week ahead
The Apollo economist on the Federal Reserve’s self-defeating pivot
Demand to lock in yields helps push spreads on high-yield bonds close to their tightest level since 2007
The ‘pretend and extend’ tactics playing out in the sector need to end
S&P 500 and Nasdaq Composite reach record highs after central bank also raises GDP forecasts
And more on weakness at the low end of the economy
Strong US economic growth will not halt central bank’s plan to reduce borrowing costs this year
The Federal Reserve left rates unchanged as the price of services remain high
This strategy appears to be the path of least resistance for governments to reduce debt and keep bond vigilantes at bay
Unlike stocks, corporate bonds are never simply cheap or expensive
Demand, on the other hand, is not helping US housing markets
And more on the low-end consumer
FT-Chicago Booth poll suggests bank will make two or fewer cuts this year, with the first between July and September
Traders bet on three quarter-point cuts in 2024, down from expectation for six or seven at start of year
As the moment for easing nears, central bankers must stay clear-eyed on the data
International Edition