The study of interest rate models and term structure analysis is central to understanding financial markets, underpinning the valuation of fixed income securities, derivatives, and risk management ...

Discover how interest rates affect corporate capital structures by influencing debt costs and financing decisions, shaping ...

Empirical monetary policy shocks (EMPS) contain information about monetary policy both today and in the future. We define the term structure of monetary policy news as the marginal impact of an EMPS ...

The Fed's upcoming rate cut is widely anticipated, but Powell's commentary and SEP projections will drive market sentiment. A hawkish tone from Powell may prompt a post-cut selloff, presenting a ...

For the first time since December 2024, interest rates have been cut, giving borrowers reason for cautious optimism. Savers, however, may want to strongly consider pivoting their approach. The high ...

Researchers from the Federal Reserve Banks of New York and San Francisco studied financial markets to divine the probability of the Fed's benchmark interest rate falling back to zero. During the 2008 ...