News

The first trip between a remote worker's bedroom and home office qualifies as a covered commute.

Governor Andrew Bailey said "more persistent" inflation spurred England to boost interest rates. Analysts expect more increases in 2022.

The U.S. central bank accelerates the taper of its bond-buying and signals it will raise rates three times in 2022.

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."

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

Morgan Stanley and other investment firms seem far more focused on Fed actions than the emergence of new Covid-19 variants.