Tag: rate hikes

Fade the Post Rate Hike Rally

March 28, 2022
Business & EconomyBusiness Columnistseconomic policieseconomyinflationMarketsOpinionrate hikesU.S. Federal ReserveViewpoints
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Commentary  The recent stock market rally is a trap. This is because Wall Street is vastly underestimating how hawkish the Federal Reserve will have to get in order to fight inflation, and how much weaker earnings and GDP growth will become as a result. The fact is Federal Reserve Chairman Jerome Powell has finally become…

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Fed’s Evans Backs ‘Timely’ Rate Hikes, but Says Careful Touch Needed

March 25, 2022
Business & EconomyeconomyFederal Reserverate hikes
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The Federal Reserve needs to raise interest rates “in a timely fashion” this year and in 2023 to curb high inflation before it is embedded in U.S. psychology and becomes even harder to get rid of, Chicago Fed President Charles Evans said on Thursday. But Evans also said the U.S. central bank should tread carefully…

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Analysis: New COVID-19 Scare Sparks Rate Rethink in Market

November 27, 2021
Business & EconomyCOVID-19marketMarketsrate hikes
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LONDON—Risks of a new COVID-19 hit to economic activity are clobbering expectations for rate hikes next year from the world’s major central banks, a potential setback for the dollar and other currencies where wagers had been most aggressive. Money markets no longer fully price a 25-basis-point interest rate rise by the Federal Reserve by June…

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