Free Trial
US 10YR FUTURE TECHS

‌‌(U2)‌‌ Corrective Cycle Extends

US TSY FUTURES

BLOCK, 10Y Ultra Bond Buy

MNI EXCLUSIVE

Ex-Fed Officials On The Future Path Of Rates

NATURAL GAS

Norway and EU to Step Up Gas Commitments

BONDS

Yields plummet on PMIs miss

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 PODCAST: FedSpeak- 75BP Hikes Are New Baseline: Roberts

(MNI) Washington

Ex-NY Fed executive and KC Fed adviser sees a 2023 recession as likely.

EXECUTIVE SUMMARY
  • Rick Roberts, ex-NY Fed executive and KC Fed adviser, says 75 basis point moves are the new baseline at least for July, maybe September.
  • Roberts says a recession is likely inevitable and, even if shallow, will come with a significant rise in jobless rate to 5.5% or 6%.
  • QT is happening sufficiently slowly that it should not disrupt financial markets, he said.
77 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.
EXECUTIVE SUMMARY
  • Rick Roberts, ex-NY Fed executive and KC Fed adviser, says 75 basis point moves are the new baseline at least for July, maybe September.
  • Roberts says a recession is likely inevitable and, even if shallow, will come with a significant rise in jobless rate to 5.5% or 6%.
  • QT is happening sufficiently slowly that it should not disrupt financial markets, he said.