Federal Reserve

Fed Rate Cuts
Fed Rate Hikes
Fed Taper
Federal Reserve

Fed Minutes May Reveal Inclinations on Size of Next Rate Hike

(Bloomberg) — An account of the debate at the Federal Reserve’s July policy meeting, set to be published after two weeks of whiplash on Wall Street, will probably offer clues as to what would push the central bank to go big with tightening yet again in September. Fed officials’ decision at their July 26-27 gathering […]

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Fed Rate Hikes
Federal Reserve
Stock Market Risk
Stock Market Timing

Fed Watchers Say Markets Got It All Wrong on Powell ‘Pivot’

(Bloomberg) — Federal Reserve Chair Jerome Powell is raising interest rates at the steepest pace in a generation and he said Wednesday that another big increase is possible. Yet investors sent stocks surging on his comments that the hikes will eventually slow. Some Fed watchers say markets read Powell’s press conference too narrowly. Economists pointed […]

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Fed Rate Hikes
Federal Reserve

Fed Raises Rates by 75 Basis Points to Clamp Down on Inflation

(Bloomberg) — Federal Reserve officials raised interest rates by 75 basis points for the second straight month, delivering the most aggressive tightening in more than a generation to curb surging inflation — but risking a sharp blow to the economy. Policy makers, facing the hottest cost pressures in 40 years, lifted the target for the […]

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Federal Reserve
Recession
U.S. Recession

Powell’s Bond Market Recession Indicator Is Sending a Warning

(Bloomberg) — The Federal Reserve’s interest-rate hikes are wearing out their welcome in bond markets, with a measure of the yield curve that Chair Jerome Powell has highlighted as a recession indicator sending out a warning message. The difference between rates on where three-month bills are now and where they will be in 18 months […]

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Fed Rate Cuts
Fed Rate Hikes
Fed Taper
Federal Reserve

Fed to Inflict More Pain on Economy as It Readies Big Rate Hike

(Bloomberg) — The Federal Reserve will probably have to inflict much more pain on the economy to get inflation under control. Growth is already slowing in response to the Fed’s repeated interest rate increases, with the housing market softening, technology companies curbing hiring and unemployment claims edging up. But with inflation proving persistent at a […]

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Fed Rate Hikes
Federal Reserve
Inflation

Blackstone Sees Fed Funds Rate Near 5% on Longer Hiking Cycle

(Bloomberg) — The Federal Reserve will need to go on a longer tightening cycle and raise interest rates well into next year to control inflation that Blackstone Group sees as “more deeply entrenched” in the US. “My own view is the Fed funds rate could exceed 4%. I think they could go above 4.5%, maybe […]

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Fed Funds
Fed Rate Hikes
Federal Reserve

Fed’s Waller Backs 75 Basis-Point Rate Hike, Says Bigger Move Hangs on Data

(Bloomberg) — Federal Reserve Governor Christopher Waller backed raising rates by 75 basis points this month after a hot inflation report, prompting investors to pull back bets officials would hike by 100 basis points, though he said he could go bigger if warranted by the data. “With the CPI data in hand, I support another […]

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Fed Funds
Fed Rate Cuts
Fed Rate Hikes
Federal Reserve

Traders Looking to Get Ahead of Fed Again Now Foresee Rate Cuts

(Bloomberg) — Signs of a rapidly deteriorating US economic outlook have spurred bond traders to pencil in a complete policy turnaround by the Federal Reserve in the coming year, with interest-rate cuts in the middle of 2023. Fed Chair Jerome Powell — who is widely expected to keep lifting the central bank’s benchmark rate for […]

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Fed Rate Hikes
Federal Reserve

Fed Pivot in September Floated by Strategists as Possible Stock-Market Savior

(Bloomberg) — Respite for the battered US stock market may be just a couple of Federal Reserve policy meetings away. That’s the scenario laid out by strategists including Kristina Hooper of Invesco, who said September is a possible time-frame for the US central bank to pivot to a slightly less aggressive stance on monetary tightening. […]

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Fed Rate Hikes
Federal Reserve
Inflation

Powell Says US Economy in Strong Shape, Fed Can Avert Recession

(Bloomberg) — Federal Reserve Chair Jerome Powell said the US economy is in “strong shape” and the central bank can reduce inflation to 2% while maintaining a solid labor market, even though that task has become more challenging in recent months. He also vowed to ensure rapid price increases don’t become entrenched, saying that “we […]

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Crude Oil
Fed Rate Hikes
Federal Reserve
Oil
Oil Price

Oil Steadies as Traders Weigh Outlook for Demand, Fed’s Path

(Bloomberg) — Oil steadied in Asia — after plunging almost 7% on Friday — as traders weighed prospects for higher near-term demand against concerns that aggressive US monetary tightening will lead to a recession. West Texas Intermediate traded above $109 a barrel after tumbling by the most since early April last week as escalating worries […]

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