Brian Scheid on Muck Rack

Brian Scheid

Verified
New Jersey
As seen in: S&P Global, S&P Global Market Intelligence, The National, Energy Evolution, S&P Global Commodity Insights, Capitol Crude: The US Energy Policy Podcast, The Maritime Executive, Petroleumworld, Tell Me Best
S&P Global Market Intelligence Senior Reporter, Global Markets. Former Platts, Capitol Crude. All opinions my own and mostly on Minnesota baseball.
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Articles

New 'reform-minded' Fed chair runs into inflation, rate-hike expectations

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By Brian Scheid Verified
| S&P Global Market Intelligence Verified
President Donald Trump's pick to head the Federal Reserve and push forward rate cuts will have to deal with rising inflation and a fragile jobs market that will make any course changes difficult. Trump selected Kevin Warsh, a former Fed governor, after a months-long public feud with prior Chairman Jerome Powell, whom the president frequently criticized for not reducing rates faster. Warsh was sworn in as the central bank's 17th chairman at the White House on May 22.
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Global bond selloff persists as inflation expectations rise, upending rate plans

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By Brian Scheid Verified
| S&P Global Market Intelligence Verified
Rising inflation, expectations for persistently elevated interest rates, and the ongoing war in Iran have triggered a global bond sell-off with no clear signs of an end. Government bond yields, which move opposite prices, have surged to their highest levels in decades in some cases as soaring energy prices have compelled central banks to shelve rate-cut plans and economies brace for slower growth and potential slumps in stocks and other financial markets.
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War, inflation likely to restrain US interest rates regardless of Fed shakeup

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By Brian Scheid Verified
| S&P Global Market Intelligence Verified
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