Fed's hawkishness questioned as markets overreact
The Fed's 25bp hike and 2026 projection matched expectations, but markets overreacted. The dot plot and Warsh's presser were less hawkish than perceived.
The Fed's 25bp hike and 2026 projection matched expectations, but markets overreacted. The dot plot and Warsh's presser were less hawkish than perceived.
Long-term Treasury yields remain steady near 5% as markets digest the Fed's hawkish 25 bps rate hike, with the curve flattening.
Fed raises rates to 3.75%-4.00% unanimously; Warsh signals more hikes ahead, with markets pricing in a 90% chance of another move this year.
Asia markets rose as investors digested the Fed's rate hike, with Goldman Sachs moving its next hike call to October and dealers eyeing upcoming BOE and BOJ…
Asian shares rose as investors shrugged off a fully-priced Fed hike, focusing on lower crude prices and upcoming BOJ decision.
TD Securities, before the Fed's meeting, predicted three rate hikes this cycle, including October and January, amid a hawkish CPI report; the call awaits…
Tom Lee calls the Dow's 631-point drop a buying opportunity, citing easing inflation, while a strategist urges caution.
Goldman Sachs dropped its 'one and done' view and now expects a second 25bp Fed rate hike in October.
New Zealand Q2 GDP rose 0.2% q/q and 2.6% y/y, beating forecasts and easing RBNZ growth concerns.
The Fed raised rates 25bp as expected, but a hawkish dot plot and Warsh's tough tone shifted markets' focus to yields and the possibility of a December hike.
Bitcoin futures hold near $75,600 after Fed rate hike, with $76,000 and $77,200 as key recovery levels.
Trump demanded the Fed cut rates to 1% after Warsh raised them to 3.75-4%, threatening more hikes. Bitcoin and gold reacted.
Wells Fargo cut its S&P 500 target to 7,700 from 7,950 ahead of the Fed's rate hike, citing valuation risk from rising yields.
The Fed raised rates by 25bps to 3.75%-4.00% unanimously and projected further hikes, signaling a higher-for-longer path.
Peter Schiff argues the bond market broke in 2020 and the Fed has lost the inflation fight, while debating Bitcoin's value against gold.