Fed Governor Bowman says additional rate hike could be needed if inflation stays high
Bowman said that it’s possible more hikes could be needed, rather than the cuts the market is expecting. International: Top News And Analysis
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Bowman said that it’s possible more hikes could be needed, rather than the cuts the market is expecting. International: Top News And Analysis
Treasury yields were lower on Tuesday after robust manufacturing data appeared to reduce the likelihood of the Federal Reserve cutting interest rates in June. U.S. News
Turkish annual consumer price inflation soared to 67% in February, fueling concerns that Turkey’s central bank might have to return to tightening. International: Top News And Analysis
Markets have become less convinced that the Federal Reserve is ready to press the button on interest rate cuts. U.S. News
Chairman Jerome Powell and his fellow central bankers will want to signal that it’s important to continue the fight to bring down inflation. International: Top News And Analysis
Markets still expect the Fed to keep up its inflation-fighting efforts, despite high-profile bank failures that have rattled the financial system. International: Top News And Analysis
Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead. International: Top News And Analysis
The 5-year Treasury yield hit 3% on Friday, after Fed Chair Jerome Powell hinted that a 50-basis-point rate hike could be in the cards in May. U.S. News
Stocks are likely to be volatile in the week ahead as investors watch tensions between Russia and Ukraine and debate how quickly the Fed can raise rates. International: Top News And Analysis
The last time the central bank cut the one-year and five-year LPR was in April 2020, according to data from Wind Information. International: Top News And Analysis