Hawkish Fed

Fed Rate Hikes
Federal Reserve
Hawkish Fed

Fed Delivers Third-Straight Big Hike, Sees More Increases Ahead

(Bloomberg) — Federal Reserve officials raised interest rates by 75 basis points for the third consecutive time and forecast they would reach 4.6% in 2023, stepping up their fight to curb US inflation that’s persisted near the highest levels since the 1980s. Wednesday’s decision by the Federal Open Market Committee, which was unanimous, lifts the […]

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Hawkish Fed
Interest Rates
Rising Interest Rates

Stock Traders Face Off Against Hawkish Fed at Worst Time of Year

(Bloomberg) —After a week to forget on Wall Street, the road gets even tougher for battle-weary investors with another hawkish policy gathering by the world’s most important central bank happening in the midst of what’s historically the worst month for US stock returns. Hedged-to-the-teeth stock managers are raising all manner of red flags for would-be […]

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Fed Meeting
Fed Rate Hikes
Federal Reserve
Hawkish Fed

‘A Lot of Red’: Powell’s Hawkish Pivot to Roil Asian Market Open

(Bloomberg) — Losses loom for Asia’s stock market on Monday as investors absorb Federal Reserve Chair Jerome Powell’s stern message that interest rates are going higher for longer in a painful fight against inflation. Futures shed almost 2% for Japan and 1.5% for Australia after a 3.4% plunge in the S&P 500 index. The slide […]

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Fed Rate Hikes
Fed Taper
Federal Reserve
Hawkish Fed
Interest Rates

Fed’s Waller Backs Half-Point Rate Hikes at ‘Several’ Meetings

(Bloomberg) — Federal Reserve Governor Christopher Waller said he wants to keep raising interest rates in half-percentage point steps until inflation is easing back toward the US central bank’s goal. “I support tightening policy by another 50 basis points for several meetings,” he said in remarks prepared for delivery on Monday in Frankfurt. “In particular, […]

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Fed Rate Hikes
Fed Taper
Federal Reserve
Hawkish Fed

Traders Defy Fed Hawks as Half-Point Hike in July in Doubt

(Bloomberg) — Half-point rate hikes by the Federal Reserve at each of its next two policy meetings are no longer a sure thing for traders, even as policy makers reiterated an aggressive tightening stance. Swap contracts indicated on Wednesday that markets priced less than 100 basis points of combined rate hikes at the June and […]

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Fed Rate Hikes
Federal Reserve
Global Inflation
Hawkish Fed
HyperInflation
Inflation

Fed’s Bullard Says Front-Loading Could Lead to Rate Cuts by 2023

(Bloomberg) — Federal Reserve Bank of St. Louis President James Bullard said the central bank should front-load an aggressive series of interest-rate hikes to push rates to 3.5% at year’s end, which if successful would push down inflation and could lead to policy easing in 2023 or 2024. “I have also said we should get […]

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Fed Taper
Federal Reserve
Hawkish Fed
Oil

Oil Slips With Hawkish Fed Comments, China Curbs Denting Rally

(Bloomberg) — Oil erased earlier gains as traders weighed hawkish comments from U.S. Federal Reserve officials and China’s promise to repair the economic damage caused by a spate of lockdowns. Global benchmark Brent traded below $112 a barrel after four days of gains. The bullish run in crude and other commodities are fanning inflation, and […]

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