Rate Liftoff at the Fed: The Guessing Games Begins
Federal Reserve Chair Janet Yellen signalled yesterday the pace of interest-rate increases starting later this year will be gradual. While she suggested the fed funds liftoff was probably coming later this year, she did not indicate a leaning toward September, October or December. A focus on lingering labor slack may be inclining her toward a later liftoff than September... but the gate was left open for wide speculation.
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Nikesh Arora on Investing During Times of Uncertainty
31:41 - Former SoftBank President Nikesh Arora discusses investing in times of uncertainty with Emily Chang on Bloomberg's Studio 1.0. (Source: Bloomberg)