At the last meeting in 2021, the Federal Reserve decided to increase the pace of the QE tapering and the projections of the FOMC staff showed a potential of three rate hikes for next year. Analysts at Wells Fargo, point out the bar for rate hikes now rests squarely on …
Read More »Most Treasury Yields Decline, Investors Digest Fed’s Decisions
Most U.S. Treasury yields fell early Thursday, taking back some of the rise seen in the previous session after the Fed’s move to accelerate thewithdrawal of its asset-purchasing program and penciled in three interest rate increases in 2022.Meanwhile, investors weighed an interest rate hike by the Bank of England and …
Read More »Market Drivers – US Session – 15-12-2021
Wednesday was the Fed’s big day. US stocks rose after Federal Reserve officials approved plans to speed up the withdrawal of the pandemic stimulus efforts, giving investors and traders more insight into the central bank’s response to hot inflation.All three major indexes turned higher after the afternoon release of a …
Read More »The US Dollar Surges After Fed Speeds Taper
The U.S. dollar strengthened versus major rivals Wednesday after the Federal Reserve, as expected, moved to accelerate the wind-down of its monthly bond purchases, putting them on track to finish by March. The Fed’s move is also seen clearing the way for rate increases, with policy makers penciling in three …
Read More »Fed’s Meeting Sends Major Signals To Financial Markets
The Federal Reserve sent to the financial markets multiple indications on Wednesday immediately after concluding the two-day policymaking meeting. The US Federal Reserve announced on Wednesday that the FOMC had agreed to leave the Federal Funds target range unchanged at 0.0-0.25%, in line with expectations. Moreover, the pace of the …
Read More »3 Rate Hikes For 2022; Stock Market Rises
The Federal Reserve said Wednesday that it will halt crisis-driven asset purchases early next year, setting the stage for three interest-rate hikes in 2022 to help counter the threat of persistently high inflation. The stock market, which was lower as investors braced for Fed meeting news, improved, with the Dow …
Read More »Fed Paves The Way For Earlier Faster Interest Rate Hikes
In an effort to contain price increases that hit a 39-year high last month, the Fed on Wednesday agreed to clear the way for earlier and faster interest rate hikes in 2022 by accelerating the phase-out of its bond-buying stimulus.The Fed’s policymaking committee left its benchmark rate near zero but …
Read More »All Except Tech Shares Awaiting Powell’s Statements
Tech shares investors are not waiting around for Powell to tell what economist and traders already know: The Fed is about to get very serious about inflation. The remainder of the market is waiting and holding their breath.The Dow Jones Index is flat. The S&P 500 is down just 0.2%. …
Read More »Treasury Yields Inch Up Ahead of Fed Statement
Investors are digesting data on retail sales and look for update on plan to wind down bond-buying program. Sales at US retail stores, online sellers and restaurants rose by a seasonally adjusted 0.3% in November from the previous month, the Commerce Department reported. US government bond yields edged higher Wednesday, …
Read More »Weaker Demand Signals Pull WTI Crude Lower
New York Mercantile Exchange oil futures and the nearest delivered Brent contract on the Intercontinental Exchange extended losses into a third successive session Wednesday, with investors keeping risk appetite in check following the outlook for lower demand growth next year hit by the rapidly spreading omicron variant. Market attention has …
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