Treasury Takes the Wheel It’s a big week for market-relevant decisions coming out of Washington. For one, there’s the Federal Reserve’s interest rate decision later today. But that’s not all. Another event is drawing more eyes than usual.The Treasury Department is set to unveil its funding strategy. With the Treasury yields at their highest level…Read more
SoFi Hong Kong Blog
Shrinking Salaries If you were hoping for a big pay bump next year, you might not be in luck. Employers are planning to increase salaries on average by a smaller amount next year than they did in 2023. Major job boards. such as ZipRecruiter (ZIP), and Indeed, foresee a slowdown in wage growth for posted…Read more
Market Woes Investors have been facing a unique market environment, with both stocks and bonds underperforming, mainly thanks to spiking interest rates. The Federal Reserve hikes rates in an effort to stem America’s rampant inflation. Now that rates are at their highest level in two decades, they’re expected to stay up there for longer. For…Read more