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William Blair Commentary: Economy Hits Cruising Altitude, but Beware of Bumps

Markets predict no change in monetary policy

The repricing of the bond market will drive a 40% decline in the price of America s office buildings by the end of next year, research firm says

Office prices could see a 40% peak-to-trough decline by the end of next year, Capital Economics forecasted.

Fed s Mester still views one more rate hike as appropriate

The president of the Federal Reserve Bank of Cleveland said she still sees inflation risks, citing higher oil and gas prices.

Philippine Central Bank Chief Open to an Off-Cycle Rate Hike

(Bloomberg) Philippine central bank Governor Eli Remolona said he’s open to an unscheduled interest-rate hike before the November meeting, doubling down on his hawkish stance as he also ruled out easing in the first half of 2024.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesDimon Warns World May Not Be Ready for Fed at 7%, TOI SaysCostco Offers Members $29 Online Health Care VisitsBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets

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