The S&P 500 Index has dipped under 4600 and is down by another more than 1.5% as the equity downturn continues. Concerns about Fed’s tightening policy and higher US bond yields continue to be the main driver of the selling. The equity bears have picked up where they left off …
Read More »Will Bidenomics’ Bubbles Start To Deflate?
The new year’s first week closed with a usual jobs report signaling solid annual wage growth of 4.7% but a disappointing figure of new jobs. Employment rose by just 199,000 in December, far less than expected. The economy created a record-breaking 6.4 million jobs in 2021, but that was after …
Read More »Fed’s Bullard: Could raise interest rates as soon as March
St. Louis Fed President James Bullard said on Thursday that the US Fed could raise interest rates as soon as March. The Fed official, known as a hawk and aligned with the market sentiment, explained that the US central bank is now in a “good position” to take even more …
Read More »FOMC Minutes: Conditions For Rate Hike Could Be Met Soon
The minutes of the 14-15 December FOMC meeting, released on Wednesday, said most participants judged conditions for rate hike could be met soon. According to FOMC Minutes, recent high levels of inflation will raise the public’s longer-term inflation expectations to levels higher than those consistent with the committee’s longer-run inflation …
Read More »FOMC Minutes Preview
The US Federal Reserve will release the minutes of its December policy meeting on Wednesday, January 5, at 1900 GMT and investors will look for clues into the rate future. Investors will finally get to know the likely timing of the Fed’s first rate hike with the release of last …
Read More »Will Jerome Powell Face Stormy 2022?
Will the Federal Reserve have to walk on an economic tightrope in 2022? Fed moves to tighten policy in 2022 amid uncertain economic outlook and Fed Chairman Jerome Powell is entering 2022 with the American economy on shaky ground.Policymakers may face a challenging year for the US central bank as …
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 »Under Pressure, Fed Weighs Inflation Surge Against Omicron Fears
The Federal Reserve is expected on Wednesday to announce that it is speeding up the end of its pandemic-era bond purchases and signal a turn to interest rate increases next year as a guard against surging inflation.The identification of the Omicron coronavirus variant last month has added a new level …
Read More »Fed Meeting: Forecasts From 4 Major Banks
The US Federal Reserve will announce monetary policy decisions and release the updated Summary on Wednesday at 19:00 GMT. As we get closer to the release time, here are the expectations as forecast by analysts and researchers of 5 major banks. TDS “The taper pace will likely be doubled to …
Read More »FOMC Expected To Accelerate Taper Amid Hot Inflation
The US Federal Reserve officials on Wednesday are expected to set plans to begin accelerating the withdrawal of the massive bond-buying program, enacted in early 2020 to help the economy and financial markets cushion the impact of the coronavirus pandemic, as they seek to remove the crutches from the US …
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