Market Overview Analysis by James Picerno covering: United States 2-Year. Read James Picerno's latest article on Investing.com
In January 2023 the clues appeared to be aligning in favor of an end to the Federal Reserve’s rate hikes. It was a false dawn – the Fed lifted its target rate four times in subsequent months, by a total of 100 basis points.
By contrast, the case for thinking that the central bank may stay its monetary hand is relatively compelling.Sentiment is currently pricing in a virtual certainty of no change in the upcoming FOMC meeting on Nov. 1, followed by moderately confident estimates of holding rates steady at the next two meetings.In addition, the 2-year yield continues to trade modestly below the current 5.25%-5.50% Fed Funds target range.
Despite the analysis above, no one can rule out additional rate hikes entirely. The main threats to the peak rate forecast at this point: are US economic resilience, particularly if it ramps up, and sticky inflation.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
US Stock Market's Stellar 2023 Run Under Threat as Bond Vigilantes Make a ComebackStocks Analysis by James Picerno covering: Vanguard Total Stock Market Index Fund ETF Shares, LPL Financial Holdings Inc, United States 10-Year, SPDR® Bloomberg High Yield Bond ETF. Read James Picerno's latest article on Investing.com
Les mer »
Coca-Cola beats earnings estimates, raises outlook as volume grows despite price hikesCoca-Cola's stock has fallen 15% this year, dragging its market value down to about $234 billion.
Les mer »
Spotify profits from more subscribers and price hikesThe number of people paying for Spotify Premium rose in the same quarter the streaming service announced price increases across the US and several other global markets.
Les mer »
Kimberly-Clark boosts profit target for third time as price hikes pay offKimberly-Clark (KMB.N) lifted its annual profit forecast for the third time this year after its quarterly profit beat estimates on Tuesday, backed by higher prices and resilient demand for personal care products.
Les mer »
Spotify Reports Quarterly Profit Thanks To Price Hikes, Cost CutsThe music streaming giant reported an 11% spike in revenue and its first profit in a year following a $1-price hike on U.S. premium solo plans.
Les mer »
CHF/JPY: Pullback shallow until geopolitical angst subsides, BoJ hikes or abandons YCCOnwards and upwards. CHF/JPY has broken the previous high of 159 in 1979. Economists at Société Générale analyze the pair’s outlook. CHF/JPY technical
Les mer »