Markets in recent days have accelerated their expectations for rates, but even that may not be enough.
Recent indicators show the Federal Reserve may have to raise interest rates more than expected to tame inflation, leading to a higher likelihood of recession, according to multiple Wall Street research firms and some economists. Markets in recent days have accelerated their expectations for rates, pushing the expected range to 5.25%-5.5%, or about three-quarters of a point higher than the current level. But even that may not be enough.
The strength in the January activity and inflation data suggests that the Fed might have to hike considerably further to find the point of pain for the consumer. Right-tail risks to the terminal rate are growing." Indeed, recent indicators show that — after abating late last year — inflation is back. The consumer price index increased 0.5% in January and is up 6.4% from a year ago, while the producer price index jumped 0.7% for the month and 6% annually.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Stock Market Today: Seagen, Union Pacific Shares Jump PremarketStock futures rose, pointing to a modest recovery after indexes logged their worst week of the year. Follow the latest markets updates:
Weiterlesen »
Asia markets set to fall after Wall St logs worst week for the yearAsia markets will await BOJ governor nominee Kazuo Ueda's speech to Japan's upper house on Monday.
Weiterlesen »
Recession outlook: 5 Wall Street experts forecast fate of US economySoft, hard, or no landing at all: Here's what 5 Wall Street experts are saying about the fate of the US economy in 2023
Weiterlesen »
Wall Street has its eyes set on UkraineWall Street really wants to invest in Ukraine, and some of the top players are doing more than sniffing around at the prospects.
Weiterlesen »
Wall Street’s most overbought stocks include PepsiCo and this little-known insurance companyInvestors should consider easing exposure to names that are still overbought. They can gauge this with the relative strength index.
Weiterlesen »
How big investors are playing the latest A.I. trend overtaking Wall StreetIn the weeks since ChatGPT's debut, shares of any company related to artificial intelligence are on a tear. How big investors recommend playing the trend.
Weiterlesen »