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Liquidity
September 20 2023
Monetary Policy .
Article

2 minute read

Proceeding carefully
September 20 2023

The Fed opts against raising rates, but doesn't rule out another hike this year.

September 15 2023
Markets/Economy .
Article

1 minute read

Of oil and onions
September 18 2023

Weekly Cash Commentary

September 8 2023
Markets/Economy .
Article

1 minute read

Confirmation of Fed policy, governors
September 11 2023

Weekly Cash Commentary

September 1 2023
Markets/Economy .
Article

2 minute read

Labor market paradox
September 5 2023

Weekly Cash Commentary

September 1 2023
Monetary Policy .
Article

4 minute read

Pushback
September 1 2023

Fed Chair Powell addressed inflation targets and market expectations in Jackson Hole.  

August 25 2023
Markets/Economy .
Article

2 minute read

The hills are alive with the sound of bankers
August 28 2023

Weekly Cash Commentary

August 21 2023
Markets/Economy .
Article

1 minute read

Looking to the past to gauge the future
August 21 2023

Weekly Cash Commentary

August 11 2023
Markets/Economy .
Article

1 minute read

Slow to change
August 14 2023

Weekly Cash Commentary

August 7 2023
Markets/Economy .
Article

2 minute read

Fitch waves amount to ripples
August 7 2023

Weekly Cash Commentary

August 3 2023
Liquidity .
Article

4 minute read

New rules, same role
August 1 2023

The new regulations for money funds don't change their value proposition.   

July 28 2023
Markets/Economy .
Article

1 minute read

Wherefore art thou, Recession?
July 31 2023

Weekly Cash Commentary 

July 26 2023
Monetary Policy .
Article

2 minute read

Middle ground
July 26 2023

With the impact of its tightening still not apparent, the Fed opted for another modest rate hike. 

July 24 2023
Markets/Economy .
Article

1 minute read

Focus on Powell
July 24 2023

Weekly Cash Commentary

July 21 2023
Markets/Economy .
Article

3 minute read

Don't forget Mac and Mae
July 17 2023

MBS issued by U.S. housing agencies could have advantages for investors if the economy slows.

July 14 2023
Markets/Economy .
Article

2 minute read

Fed sporting blinders
July 17 2023

Weekly Cash Commentary

July 7 2023
Markets/Economy .
Article

2 minute read

More to come
July 10 2023

Weekly Cash Commentary

June 30 2023
Markets/Economy .
Article

1 minute read

More restriction likely on the way
July 3 2023

Weekly Cash Commentary

July 3 2023
Monetary Policy .
Article

3 minute read

Falling in line
July 3 2023

The markets have finally listened to hawkish Fed speak.

June 26 2023
Markets/Economy .
Article

2 minute read

Different building, same words
June 26 2023

Weekly Cash Commentary

June 20 2023
Markets/Economy .
Article

2 minute read

The Fed punts
June 20 2023

Weekly Cash Commentary

June 14 2023
Markets/Economy .
Article

2 minute read

Preparing for the next step
June 14 2023

The Fed skipped a rate hike but suggested more could come. 

June 12 2023
Markets/Economy .
Article

2 minute read

Fed faces late-arriving inflation report
June 12 2023

Weekly Cash Commentary

June 5 2023
Markets/Economy .
Article

2 minute read

Whether a hop, skip or jump, Fed might not hike in June
June 5 2023

Weekly Cash Commentary

June 14 2023
Markets/Economy .
Article

3 minute read

The coming deluge
June 1 2023

Following the official suspension of the federal debt limit, expect the U.S. Treasury to issue a massive amount of securities.

May 25 2023
Liquidity .
Article

2 minute read

Wrong direction
May 30 2023

Weekly Cash Commentary

May 19 2023
Markets/Economy .
Article

2 minute read

Have money, will spend
May 22 2023

Weekly Cash Commentary

May 15 2023
Markets/Economy .
Article

1 minute read

Slow going
May 15 2023

Weekly Cash Commentary

May 5 2023
Markets/Economy .
Article

2 minute read

20-20 on 25
May 8 2023

Weekly Cash Commentary

May 3 2023
Monetary Policy .
Article

2 minute read

Could the latest be the last?
May 3 2023

The Fed raised rates again, but hinted it soon might be time to take a breather.

May 1 2023
Markets/Economy .
Article

2 minute read

Much for the Fed to consider
May 1 2023

Weeky Cash Commentary

July 5 2023
Markets/Economy .
Article

4 minute read

Capital inflows
May 1 2023

What's behind the substantial rise in assets of money market vehicles?

April 26 2023
Markets/Economy .
Article

1 minute read

Blackout
April 24 2023

Weekly Cash Commentary

April 28 2023
Markets/Economy .
Article

2 minute read

Things are about to get interesting at the Fed
April 17 2023

Weekly Cash Commentary

April 28 2023
Markets/Economy .
Article

2 minute read

All Fed meetings are special these days
April 10 2023

Weekly Cash Commentary

April 28 2023
Markets/Economy .
Article

1 minute read

Inflation again in the sights
April 3 2023

Weekly Cash Commentary

April 28 2023
Liquidity .
Article

3 minute read

One Fed, two jobs
April 3 2023

The Federal Reserve’s dual function as regulator and policy-setter has been on display.

April 28 2023
Markets/Economy .
Article

2 minute read

Drama concluded?
March 27 2023

Weekly Cash Commentary

April 28 2023
Monetary Policy .
Article

3 minute read

Balancing act
March 22 2023

Fed Chair Powell made the case for another quarter-point hike amid the banking turmoil.

April 28 2023
Markets/Economy .
Article

3 minute read

Drama continued
March 20 2023

Weekly Cash Commentary

August 24 2023
Liquidity .
Article

6 minute read

Next steps
March 14 2023

The Fed’s response to the collapse of SVB puts pressure on the Treasury and the FOMC decision next week.

May 22 2023
Markets/Economy .
Article

2 minute read

Drama upstaged
March 13 2023

Weekly Cash Commentary

April 28 2023
Markets/Economy .
Article

2 minute read

Pendulum swings too far yet again
March 6 2023

Weekly Cash Commentary

April 28 2023
Liquidity .
Article

4 minute read

Coming to terms
March 1 2023

Investors have begrudgingly capitulated to a still-hawkish Fed.

April 28 2023
Markets/Economy .
Article

1 minute read

Haunting words
February 27 2023

Weekly Cash Commentary

April 28 2023
Markets/Economy .
Article

2 minute read

Hindsight is 50-50
February 21 2023

Weekly Cash Commentary

April 28 2023
Markets/Economy .
Article

2 minute read

This baffling economy
February 13 2023

Weekly Cash Commentary

April 28 2023
Markets/Economy .
Article

2 minute read

Fuel for the fire
February 6 2023

Weekly Cash Commentary

May 30 2023
Liquidity .
Article

3 minute read

Yield curveball
February 2 2023

The market is dismissing the Fed's determination to defeat inflation.

January 30 2023
Markets/Economy .
Article Cooling down
January 30 2023

The fact that inflation is falling puts the Federal Reserve in a delicate position.

April 28 2023
Markets/Economy .
Article

2 minute read

The value of a quarter
January 23 2023

Whether the Federal Reserve goes with a 25 or 50 basis-point hike next week might not impact the terminal rate.

April 28 2023
Politics .
Article

2 minute read

Dysfunction that knows no limits
January 20 2023

Rancor aside, with ‘extraordinary measures’ the debate over the U.S. debt limit has time to be resolved.

January 17 2023
Markets/Economy .
Article What's a central bank to do?
January 17 2023

Weekly Cash Commentary

January 5 2023
Markets/Economy .
Article On the road
January 9 2023

Weekly Cash Commentary

December 29 2022
Markets/Economy .
Article Crazy, but good year for liquidity
January 3 2023

Weekly Cash Commentary

January 11 2023
2023 Outlook .
Article Sweet spot
December 29 2022

Three things to watch in 2023.

December 15 2022
Markets/Economy .
Article Inflation still high on everyone's, and Fed's, mind
December 19 2022

Weekly Cash Commentary

December 15 2022
Monetary Policy .
Article Disconnect
December 14 2022

The Fed pushes back against market expectations.

December 9 2022
Markets/Economy .
Article It's all relative
December 12 2022

Weekly Cash Commentary

December 5 2022
Markets/Economy .
Article Perplexing Powell
December 5 2022

Weekly Cash Commentary

November 30 2022
Monetary Policy .
Article Just the facts
December 1 2022

FOMC voters must stick to the data to make their next decision on rates.

November 28 2022
Markets/Economy .
Article Much to consider
November 28 2022

Weekly Cash Commentary

November 18 2022
Markets/Economy .
Article A slight difference of opinion
November 21 2022

Weekly Cash Commentary

November 11 2022
Markets/Economy .
Article A disconnect
November 14 2022

Weekly Cash Commentary

November 7 2022
Markets/Economy .
Article Lag and letdown
November 7 2022

Weekly Cash Commentary

November 1 2022
Monetary Policy .
Article Not so fast
November 2 2022

Fed Chair Powell indicates the pace of hikes is not as crucial as arriving at the right place.

October 31 2022
Markets/Economy .
Article Frightening inflation
October 31 2022

Weekly Cash Commentary

July 5 2023
Monetary Policy .
Article

3 minute read

The good old days
October 31 2022

Money market yields have returned to pre-GFC levels.

October 24 2022
Markets/Economy .
Article Job market is as stubborn as inflation
October 24 2022

Weekly Cash Commentary

October 18 2022
Markets/Economy .
Article Slow to rise; slow to fall
October 17 2022

Weekly Cash Commentary

October 10 2022
Markets/Economy .
Article Good news for those who like bad news
October 10 2022

Weekly Cash Commentary

October 3 2022
Markets/Economy .
Article Consumers still spending
October 3 2022

Weekly Cash Commentary

July 5 2023
Monetary Policy .
Article

3 minute read

D.I.Y.
October 3 2022

Fed projections are less useful these days.

September 23 2022
Markets/Economy .
Article Horizon of hikes
September 26 2022

Monthly Cash Commentary

August 12 2022
Markets/Economy .
Article Beyond the headline
August 15 2022

Weekly Cash Commentary