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Warsh era keeps markets guessing – NBC

National Bank of Canada (NBC) Economics and Strategy team, led by Taylor Schleich, Ethan Currie and Vy Le, argues that Kevin Warsh’s Federal Reserve (Fed) is deliberately increasing policy ambiguity by stripping out forward guidance. Markets see a hawkish tilt and price a roughly even chance of a July hike,…

Rate-cut cycle seen restarting – Commerzbank

Commerzbank’s Michael Pfister expects the Hungarian central bank to resume interest rate cuts, with consensus looking for a 25 basis point move. A strong Hungarian Forint and lower-than-expected inflation provide room for easing, leaving real rates high. Markets price roughly three cuts over six months, and today’s decision is not expected to move HUF significantly if further easing stays off the agenda.Forint strength and low inflation allow easing”The Hungarian central bank is expected to resume…

Business

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Over 11,000 bottles of blood pressure medication recalled nationwide

More than 11,000 bottles of blood pressure medication are being recalled nationwide due to a manufacturing defect, according to the Food and Drug Administration. The 11,460 bottles of chlorthalidone tablets, USP, 25 mg, are being recalled because of “failed dissolution specifications.” Dissolution tests measure the release rate of a drug and…

Markets

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Investing

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