As interest rate hiking comes closer to an end, quantitative tightening has gradually become another topic of market concern.
The central banks have only got a couple of experiences of QT. Japan did it in 2006 and 2007. The US did it from 2017 to 2019. During both periods, stock markets had above-average volatility.
Is quantitative tightening necessarily as scary as it seems?
■ First, the liquidity is far from scarce
We can observe li...

The shelter component of the Consumer Price Index (CPI) grew by 0.3% from the previous month in October and 6.7% year over year, marking the largest factor in the monthly increase in the core index that excludes food and energy, the Bureau of Labor Statistics (BLS) reported Tuesday.
Headline inflation rose 3.2% in the 12 months through October, a deceleration from the 3.7% annual gain in prices, but still high compared to ...