Fed rate hike

An imminent full-scale shutdown of the U.S. government could likely deter the Federal Reserve from raising interest rates in November, according to a note from bond giant PIMCO on Tuesday, Reuters reported. The Head of public policy at PIMCO, Libby Cantrill, suggests the complex...

The Federal Reserve’s balance sheet reduction continues to threaten the stock market, despite nearing the end of its rate hikes, Business Insider reports. Ned Davis Research emphasized in a note on Thursday that the Fed’s quantitative tightening could impact stock prices and other risk...

In a series of tweets on Wednesday, renowned economist and Professor at Ford School Justin Wolfers shared his insights on the Federal Reserve’s recent press conference, suggesting that future tightening of monetary policy is still very much on the table. What Happened: Wolfers argued that the...

At the upcoming Federal Open Market Committee (FOMC) meeting on Wednesday, the Federal Reserve is poised to increase the fed funds rate by 25 basis points, pushing borrowing costs to 5.25-5.5%, the highest since February 2001. While the market shows strong conviction in this rate hike, economists...

Despite the recent market rally, economists are skeptical about investors’ optimistic bets that the global economy is set for a soft landing and interest rates are close to their peak, Financial Times reports. Market Optimism Amid Declining Inflation: “In all the major regions we have...

Steve Eisman, the investor known for his prediction of the 2008 economic crisis, portrayed by Steve Carell in the movie “The Big Short,” sees no signs of an impending recession, Business Insider reports. Eisman’s Market Outlook: Eisman, the Neuberger Berman portfolio manager,...

On a recent episode of CNBC’s “Last Call,” Ross Gerber, CEO and President of Gerber Kawasaki, drew a parallel between Apple Inc. (NASDAQ:AAPL) and Elon Musk‘s Tesla Inc. (NASDAQ:TSLA) while discussing the impact of recent Federal Reserve rate hikes on car companies. What...

Johanna Chua, chief APAC economist at Citigroup Global Markets, reportedly said inflation is likely to be quite persistent and the Federal Reserve may go for two more rate hikes in coming times. What Happened: Chua said Citi has a hawkish consensus view on the central bank's policy while arguing...

With the Federal Reserve hiking the policy rate by 25 basis points on Wednesday and hinting it could pause rate hikes, gold prices hovered near record highs during Thursday morning Asia session. What Happened: The dollar index was also down 0.24%, supporting the rally in gold as it makes the dollar...

U.S. markets ended in the red on Wednesday after recording initial gains following the Federal Reserve hiking the policy rate by 25 basis points that came in line with expectations. Markets pared the initial gains after Fed Chair Jerome Powell said the central bank still sees inflation as too high...

Heather Boushey, a member of the White House Council of Economic Advisers reportedly said that Federal Reserve's interest rate hikes aimed at reining-in inflation were having a negative impact on the banking sector and warned Republicans against worsening the situation with their debt ceiling...

Concerns of slowing demand and expectations of further interest rate hikes have dragged the price of oil back to square one from the highs it attained earlier this month following the surprise production cut announcement by OPEC+. What Happened: Oil prices fell nearly 4% on Wednesday, extending the...

Hedge funds appear to be holding the view that the U.S. economy will not tip into recession in coming times as is reflected by their record bets against the 10-year benchmark U.S. Treasury notes. What Happened: Leveraged investors increased their net shorts on 10-year Treasury futures to a record 1...

Wall Street traders appear to be overlooking signs that rally in technology stocks might be overdone as is reflected by the significant surge in the S&P 500 Information Technology Index as well as high equity valuations. What Happened: Expectations that the Federal Reserve will pivot from its...

Two Federal Reserve officials, on Thursday, reiterated the need for more interest rate hikes to rein in inflation just as the central bank is set to enter a silent period from April 22 to May 4 ahead of its next monetary policy announcement. What Happened: Federal Reserve Bank of Philadelphia...