Faculty News

Professor Robert Engle discusses how the anticipated Federal Reserve rate increase impacts volatility in financial markets

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Excerpt from Bloomberg -- "We are expecting a lot of volatility this week, but in fact we saw it last week, I think. In the run up to the Fed's decision, I think a lot of pressures that were already building in the high-yield bond market really came to a head on Friday, and we had a pretty big bloodbath ..."

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