The Fed has two tools to influence financial market conditions – Liberty Street Economics

A picture of the Federal Reserve building in Washington, DC

Adam Copeland and Owen Engbretson The Federal Reserve’s 2022-23 tightening cycle includes the use of two monetary policy tools: changes in policy rates and changes in the size of its balance sheet. This post highlights the results of a recent Labor Report that examines how these instruments affect financial market conditions. Using trade-level private data, … Read more

Singaporean $100bn asset manager Hillhouse Investments opens ADGM office | Community

Singaporean $100bn asset manager Hillhouse Investments opens ADGM office | Community

Hillhouse Investment Management, a global asset manager with $100 billion, has opened an office in ADGM, becoming one of the first companies to set up an office in the financial center of Abu Dhabi since the Iran war began about five weeks ago. The Singapore-headquartered company has received a Class 3C license from the Financial … Read more