Endgame for Fed’s tightening cycle challenged

Several measures of financial conditions, including those produced by the central bank, have shifted in way that signals reduced restraint on the economy, at a time when central bank officials believe more work may be needed to lower inflation.

Jio moment in AMC business might need a different playbook

As Ambani’s Jio Financial and US-based BlackRock, the world’s largest asset manager, team up to take on India’s asset management industry’s well-entrenched incumbents, corporate watchers are wondering whether this is the Jio Moment for the asset management space. While the scope for Jio BlackRock is immense, it will require more than just repeating the playbook […]

Wall Street bracing for the great loan tightening: Survey

After delivering a fresh interest-rate hike Wednesday, Federal Reserve Chair Jerome Powell signaled that Monday’s senior loan officer opinion survey, which typically polls more than 80 lenders, will show tightening lending standards. The extent of the decline will be closely watched.