Interest Rates

The Federal Reserve may act quickly on interest rates to keep a handle on inflation.

Is the market headed to a world with multiple reference rates?

As LIBOR winds down, one derivatives trader worries its replacement will do a poor job hedging risks in turbulent times: "For somebody who wants to hedge their borrowing costs, [SOFR] leaves a lot to be desired."

Ready or not, businesses must transition financial contracts away from the benchmark rate. Here's an update on what to expect.

The U.S. Congress agrees to a solution for the LIBOR crisis, which would automatically transition contracts to a new benchmark.

The Fed won't consider interest-rate increases until the labor market heals further, even though inflation may run hot for months.