Yesterday FED hiked rates by the expected 50 basis points to 4.50%, but surprised by hiking also the terminal rate to 5.1% at their last dot plot in September. They also raised the inflation forecast for the end of 2023… more »
The US dollar hit fresh lows during Powell's conference but reversed when he said that “the ultimate level of rates will be higher” than previously anticipated. That means the +5% rate is back on the… more »
We think today that Fed and Mr. Powell will search sooner rather than later for a pivot point policy to change things because we already have a higher restrictive economic environment. We should remember that… more »
Energy sector it’s the best performing market sector in 2022 instead of the latest evolution of Oil. Evolution of energy sector its close correlated with war between Russia & Ukraine. But we need to recap… more »
After big rates hike by FED and ECB, investors are hoping that in the following year, central banks will start to normalize rates, therefore Stock market show a bounce back (SPX is near 4.000). We think it’s a… more »
The vote was unanimous because FOMC is “strongly committed to returning inflation to its 2 percent objective”. Spending and Productions have softened but job gains was robust recent months. Balance… more »
You can read all from FED website: May FOMC Meeting 2022 Stocks Are up with 1%, because members of FOMC avoid risks of recessionary environment… more »
EU inflation is 6.1% and rate hike is mandatory. From the previously forecasted values of 3%, we have a deviation of 3% which is caused by multiple factors: Goldman Sachs also cut their US economic… more »
Fed Loretta Mester: Fed's Williams Fed's Barkin: Fed's Waller: Today CPI will be a hot reading, but FED policies are changed according to data from the Economy. If will have next month's some issues with supply… more »
FOMC Lift rates with only 0.50 % as expected 0.5% increased rates were taken by Markets with lots of optimism because Powell announced 75 BP hikes off the table for next two meetings. Sentiment was RISK-ON, instead… more »
BoA (Bank of America) Perhaps the most interesting moment at the press conference will be his response to a question about whether a 75bp hike is on the table. Barclay's: "At this week's May FOMC meeting, we… more »
Yesterday, Advanced GDP was published and we saw horrible values with -2.4% deviation from expected values. All branches of the GDB were in red. The decrease in real GDP reflected decreases in private… more »
The wall street Journal announced yesterday that Germany will drop opposition to russian oil embargo… more »
Another Fed Speaks Fed's Daly: We'll be able to get inflation moving down by year-end. more »