Federal Reserve to announce last rate hike of the year, other central banks to join in

France Nouvelles Nouvelles

Federal Reserve to announce last rate hike of the year, other central banks to join in
France Dernières Nouvelles,France Actualités
  • 📰 10News
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 50%

Rate cuts generally act like steroids for stocks and other investments, but the Fed has been insisting it plans to hold rates at a high level to ensure the battle against inflation is won.

Economists at Goldman Sachs expect Fed policy makers on Wednesday to signal their median expectation is for rates to hit a range of 5% to 5.25%, up by half a percentage point from their last projection.

"Inflation Data and Fed Is Yesterday's News; Focus on Earnings Risk" was the title of a report published Monday by strategists at Morgan Stanley. The yield on the 10-year Treasury, which helps set rates for mortgages and other economy-setting loans, rose to 3.61% from 3.59% late Friday. The two-year yield, which tends to more closely track expectations for the Fed, rose to 4.39% from 4.34%.

The main reasons for Wall Street's struggles for much of this year have been high inflation and the higher interest rates engineered to combat it. On Wednesday, markets expect the Federal Reserve to announce its last rate hike of the year following a blitzkrieg that began in March. Other central banks around the world are also likely to raise their own rates by half a percentage point this week, including the European Central Bank.

In overseas stock markets, Asian indexes fell amid signs of a surge in coronavirus infections in China. The country is in the midst of easing some of its"zero-COVID" pandemic restrictions, which stifled the world's second-largest economy.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

10News /  🏆 732. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Economy Week Ahead: U.S. Inflation, Fed Rate in FocusEconomy Week Ahead: U.S. Inflation, Fed Rate in FocusEconomy Week Ahead: The Fed is expected to increase its benchmark rate at a midweek policy meeting
Lire la suite »

EUR/USD stays defensive above 1.0500 with eyes on US Federal Reserve, European Central BankEUR/USD stays defensive above 1.0500 with eyes on US Federal Reserve, European Central BankEUR/USD treads water around 1.0530 as the bumper week begins, having witnessed the first weekly loss in three. In doing so, the major currency pair po
Lire la suite »

USD/JPY eyes establishment above 137.00 as anxiety soars ahead of Federal Reserve policyUSD/JPY eyes establishment above 137.00 as anxiety soars ahead of Federal Reserve policyUSD/JPY is hovering around the critical hurdle of 137.00 in the early European session. The asset is aiming to shift its business profile above the af
Lire la suite »

GBP/USD traders in high anticipation of Federal Reserve and Bank of EnglandGBP/USD traders in high anticipation of Federal Reserve and Bank of EnglandThe British Pound is firm on Monday within a bullish cycle that targets the 1.2400 area in what would be a measured move to the upside from the recent
Lire la suite »

Opinion | The Federal Reserve Needs a Hard Look in the MirrorOpinion | The Federal Reserve Needs a Hard Look in the MirrorFrom WSJopinion: If the Fed tackles a review and takes steps to acknowledge and correct the shortcomings of its 2020 strategy, it can strengthen its credibility and improve future monetary policy, write Mickey D. Levy and Charles Plosser
Lire la suite »

Fed Rate Increases Are Squeezing Consumer-Finance CompaniesFed Rate Increases Are Squeezing Consumer-Finance CompaniesCompanies that offer auto loans, mortgages and buy-now-pay-later programs are retrenching.
Lire la suite »



Render Time: 2025-03-06 12:17:48