Bond traders are quickly lowering their expectations for how high the Federal Reserve will push the borrowing costs — while also once again fully pricing in a rate cut from the peak level by year-end — as banking sector concerns mount. Pricing on swaps linked to Fed meetings movedRead More →
The shares worldwide fell on Thursday on worries of aggressive interest rates hike by the central banks. US stocks US stocks on Thursday were dragged down by banks as investors remain cautious about interest rate hike by the Federal Reserve and awaited monthly jobs data on Friday. The S&P banksRead More →
Both the US and the European stock markets fell on Tuesday following Federal Reserve chair Jerome Powell’s hawkish remarks in his testimony before the US Congress. Jerome Powell said on Tuesday that Federal Reserve is likely to increase interest rates higher than earlier anticipated. “Although inflation has been moderating in recent months,Read More →
The global stock markets were mixed on Monday with US equities closing higher and European stocks flat. China’s lower-than-expected gross domestic product (GDP) target weighed on investors’ sentiment across the globe. US stocks pared early gains on Monday after yields on US 10-year treasury rose. The S&P 500 rose 0.26%.Read More →
NEW YORK : Stocks are slipping Wednesday as Wall Street braces for interest rates to stay higher for longer with inflation remaining stubbornly sticky. The S&P 500 was 0.5% lower in its first trading after coming off a frigid February. The Dow Jones Industrial Average was down 50 points, orRead More →
NEW YORK : US stocks closed out February in subdued fashion and each of the three major indexes ended with monthly declines, as investors continue to assess whether interest rates will remain high for an extended period of time. After a strong performance in January, stocks retreated in February asRead More →
The dark cloud of rising interest rates comes with some significant silver linings.Read More →
U.S. stock indexes pulled back Friday, resuming a spell of selling, after an inflation gauge favored by the Federal Reserve showed stronger-than-expected price pressures. Read More →
A number of officials said that an “insufficiently restrictive” policy stance could stall recent progress on moderating inflation pressures, according to minutes of their latest policy gathering, suggesting they are prepared to move rates up further than their December forecast of 5.1%. The statement also said “almost all” officials agreedRead More →
Markets finally appear to be backing down in their long-running game of chicken with the Federal Reserve. Read More →
