Free Trial
USDCAD TECHS

Heading South

AUDUSD TECHS

Northbound

EURJPY TECHS

Breaches Key Short-Term Support

US TSYS

Late SOFR/Treasury Option Trade

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI INTERVIEW: Fed Has ‘Long Way To Go’ On Hikes-Acharya

(MNI) WASHINGTON

Markets are not prepared for the likely extent of Fed hikes, former Reserve Bank of India deputy governor Viral Acharya tells MNI.

The Federal Reserve is nowhere near finished raising interest rates and financial markets are not prepared for how tight monetary policy will need to get in order to bring down inflation, former Reserve Bank of India deputy governor Viral Acharya told MNI.

Investors may also be ignoring risks to the financial system posed by the process of reducing the central bank’s USD8.8 trillion balance sheet, said Acharya, who presented a paper on QT at the Fed’s Jackson Hole conference this year.

Keep reading...Show less
518 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

The Federal Reserve is nowhere near finished raising interest rates and financial markets are not prepared for how tight monetary policy will need to get in order to bring down inflation, former Reserve Bank of India deputy governor Viral Acharya told MNI.

Investors may also be ignoring risks to the financial system posed by the process of reducing the central bank’s USD8.8 trillion balance sheet, said Acharya, who presented a paper on QT at the Fed’s Jackson Hole conference this year.

Keep reading...Show less