U.S. interest rates peak seen by January 2023 -fed funds futures
Synopsis by Reuters Jul 25 22
Futures contracts tied to the Federal Reserve's policy rate showed on Monday that benchmark U.S ...Read full article 
Reuters: U.S. interest rates peak seen by January 2023 -fed funds futures
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| Last Updated | Jul 25 22 |
| Total Articles | 4 |
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Powell Signals High Rates for Longer Due to Persistent Inflation: Federal Reserve Chair Jerome Powell said recent inflation data have indicated it will likely ...
bloomberg.com/news/articles/2024-04-16/powell-signals-high-rates-for-longer-due-to-persistent-inflation
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Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Jay Powell says US inflation ‘taking longer than expected’ to hit target: Comments from Federal Reserve chair come amid mounting doubts about pace of interest ...
ft.com/content/3d0ddbe1-4637-4262-ba40-934015606166
Fed's Loretta Mester Expects Inflation to Fall Further: Federal Reserve Bank of Cleveland President Loretta Mester said monetary policy is in a good place ...
bloomberg.com/news/articles/2024-04-17/mester-says-fed-can-hold-rates-steady-not-in-a-hurry-to-cut
Why Is US Inflation Still High? Blame Powell Pivot, Housing Shortage: This was supposed to be the year that US inflation rode the last mile down to 2% ...
bloomberg.com/news/articles/2024-04-17/inflation-s-stubborn-start-to-2024-blamed-partly-on-powell-pivot
Paid articlePaid Fed’s Daly Says No Urgency to Cut, Policy in a Good Place: Federal Reserve Bank of San Francisco President Mary Daly reiterated there’s no urgency to adjust ...
bloomberg.com/news/articles/2024-04-16/fed-s-daly-says-no-urgency-to-cut-policy-in-a-good-place
Paid articlePaid Fed’s Jefferson Sees Steady Interest Rate Helping to Push Down Inflation: Federal Reserve Vice Chair Philip Jefferson said he expects inflation will continue to ...
bloomberg.com/news/articles/2024-04-16/fed-s-jefferson-sees-steady-interest-rate-helping-to-push-down-inflation
Paid articlePaid Fed’s Williams Still Expects Rate Cuts to Begin This Year: Federal Reserve Bank of New York President John Williams said the central bank will likely start ...
bloomberg.com/news/articles/2024-04-15/williams-says-fed-likely-to-start-lowering-rates-this-year
Paid articlePaid Powell’s Warning: The Bloomberg Open, Asia Edition: Good morning. The Fed chief takes a hawkish turn. IMF gets a little more optimistic, but sees many threats ...
bloomberg.com/news/newsletters/2024-04-16/powell-s-warning-the-bloomberg-open-asia-edition
Paid articlePaid Fed Rate-Cut Reluctance Will Limit ECB Leeway, Holzmann Says: The European Central Bank’s room for maneuver will be limited if sticky US inflation forces the ...
bloomberg.com/news/articles/2024-04-18/hesitant-fed-will-limit-ecb-leeway-on-rate-cuts-holzmann-says
ECB’s Vasle Sees Limit to How Far Lagarde’s ECB Can Diverge From Powell and Fed: The European Central Bank can’t fully disregard inflation dynamics and monetary ...
bloomberg.com/news/articles/2024-04-18/ecb-s-vasle-sees-limit-to-how-far-lagarde-s-ecb-can-diverge-from-powell-and-fed
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Fed to cut rates in September and maybe once more this year - Reuters poll: The U.S. Federal Reserve will wait until September to cut its key interest rate ...
reuters.com/markets/us/fed-cut-rates-september-maybe-once-more-this-year-2024-04-18/
US Rent Inflation Looms Over Potential Interest-Rate Cut: Rent increases are taking longer to moderate in the Northeast and Midwest than in the West and South.
bloomberg.com/news/articles/2024-04-18/us-rent-inflation-looms-over-potential-interest-rate-cut
Paid articlePaid Fed Hiking Rates to 6.5% Is ‘Real Risk’ for UBS Strategists: The combination of strong US growth and sticky inflation is raising the odds the Federal Reserve ...
bloomberg.com/news/articles/2024-04-15/fed-hiking-rates-to-6-5-is-real-risk-for-ubs-strategists
Paid articlePaid BOE May Be Able to Cut Interest Rates Before Fed, Andrew Bailey Suggests: Bank of England Governor Andrew Bailey hinted that the UK might be able to lower ...
bloomberg.com/news/articles/2024-04-16/bailey-hints-boe-might-be-able-to-cut-rates-before-fed-in-us
Summers Warns About Avoiding a ‘Large and Egregious Error’ in Monetary Policy: Inflation data show the Fed should leave rates where they are, he says
bloomberg.com/news/newsletters/2024-04-13/summers-warns-about-avoiding-a-large-and-egregious-error-in-monetary-policy
Investor Sentiment: Watching 'Dumb Money' Could Be a Smart Move: Shifting views on economic landings may have thwarted the drop in inflation ...
bloomberg.com/opinion/articles/2024-04-18/investor-sentiment-watching-dumb-money-could-be-a-smart-move
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Fed’s Mester Says Recent Inflation Means Longer Wait for Rate Cuts: Loretta Mester remains optimistic about inflation coming down this year.
barrons.com/articles/federal-reserve-mester-rate-cuts-be93b648
Paid articlePaid US Two-Year Yield Climbs Past 5% to Highest Level Since November - Bloomberg: The US two-year yield rose past 5% to the highest level since November after ...
bloomberg.com/news/articles/2024-04-16/us-two-year-yield-climbs-past-5-to-highest-level-since-november
Paid articlePaid UK Is Beating US on Inflation Fight And May Cut Rates Sooner: Britain is starting to rein in inflation at a quicker pace than the US, underscoring a divergence ...
bloomberg.com/news/articles/2024-04-15/uk-is-beating-us-on-inflation-fight-and-may-cut-rates-sooner
Paid articlePaid Commodity Markets: High Gold, Oil, Copper Prices Will Remain Problem for Fed: A new commodities boom is complicating central bankers’ anti-inflation efforts and ...
bloomberg.com/news/articles/2024-04-15/commodity-markets-high-gold-oil-copper-prices-will-remain-problem-for-fed
Paid articlePaid Fed’s Collins Sees No Urgency to Cut Interest Rates in Near Term: Federal Reserve Bank of Boston President Susan Collins reiterated she sees no urgency to cut ...
bloomberg.com/news/articles/2024-04-12/fed-s-collins-sees-no-urgency-to-cut-interest-rates-in-near-term
Paid articlePaid Czechs Can’t Afford to Accelerate Interest Rate Cuts: Central Banker: Persistent inflation risks and hawkish signals from the US Federal Reserve are preventing ...
bloomberg.com/news/articles/2024-04-18/czechs-can-t-afford-to-accelerate-rate-cuts-central-banker-says
Paid articlePaid Fed’s Mary Daly Sees No Urgency to Adjust Interest Rates: Federal Reserve Bank of San Francisco President Mary Daly said there is absolutely no urgency to adjust ...
bloomberg.com/news/articles/2024-04-12/fed-s-daly-says-there-s-absolutely-no-urgency-to-adjust-rates
Paid articlePaid Federal Reserve and ECB Might Diverge on Rate Cuts: Weekend Reading: Get caught up.
bloomberg.com/news/newsletters/2024-04-13/federal-reserve-and-ecb-might-diverge-on-rate-cuts-weekend-reading
Bloomberg Evening Briefing: Are Fed Rate Hikes Behind the US Economic Boom?: Get caught up.
bloomberg.com/news/newsletters/2024-04-16/bloomberg-evening-briefing-are-fed-rate-hikes-behind-the-us-economic-boom
Pimco Sees Fed Raising Rates Again If US Inflation Reignites: Pacific Investment Management Co. warned that the Federal Reserve could pivot back toward interest ...
bloomberg.com/news/articles/2024-04-12/pimco-sees-additional-fed-rate-hike-if-us-inflation-moves-higher
Resurgent inflation looms over Joe Biden’s White House bid: Consumer prices are rising quickly at just the wrong time for the US president
ft.com/content/d8520a33-f202-4679-b6f7-99fe9e4fb3ae
Mortgage rates surge past 7%, reaching highest level since November: Mortgage rates soared this week, breaching the key 7% threshold and extending America’s home ...
cnn.com/2024/04/18/economy/mortgage-rates-7-percent/
March CPI Raises Chances of Fed Interest-Rate Hike, Larry Summers Says: Former Treasury Secretary Lawrence Summers said that the hot US consumer price inflation ...
bloomberg.com/news/articles/2024-04-10/summers-says-have-to-seriously-consider-next-fed-move-is-a-hike
Paid articlePaid Dollar's rally supercharged by diverging US rate outlook: A rally in the U.S. dollar is accelerating, as stubborn inflation sows doubts over how aggressively the ...
reuters.com/markets/currencies/dollars-rally-supercharged-by-diverging-us-rate-outlook-2024-04-15/
Gold (XAUUSD) Resumes Gains as Middle East Tensions Offset Hot Inflation: Gold resumed its blistering rally as heightened tensions in the Middle East offset ...
bloomberg.com/news/articles/2024-04-11/gold-xauusd-resumes-gains-as-middle-east-tensions-offset-hot-inflation
Paid articlePaid Stock Market Today: Dow, S&P Live Updates for April 16: The world’s biggest bond market remained under pressure and stocks wavered after Jerome Powell signaled ...
bloomberg.com/news/articles/2024-04-15/stock-market-today-dow-s-p-live-updates
Paid articlePaid Fed Suffers Setback in Inflation Fight. But It’s Too Early to Talk Rate Hikes.: Another hot inflation report likely will prompt Federal Reserve officials to ...
barrons.com/articles/fed-inflation-interest-rates-30a3b669
Paid articlePaid Global Economy Latest: Trying to Predict Fed Rate-Cut Path: I’m Chris Anstey, a senior editor in Boston, and today we’re looking at a wave of Fed forecast ...
bloomberg.com/news/newsletters/2024-04-11/global-economy-latest-trying-to-predict-fed-rate-cut-path
America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
economist.com/leaders/2024/04/17/americas-interest-rates-are-unlikely-to-fall-this-year
How US Inflation and Federal Reserve Can Affect UK House Prices: It is, of course, all about interest rate expectations.
bloomberg.com/news/newsletters/2024-04-11/how-us-inflation-and-federal-reserve-can-affect-uk-house-prices
Fed, Biden Campaign Confounded as Inflation Digs In: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today ...
bloomberg.com/news/newsletters/2024-04-10/fed-biden-campaign-confounded-as-inflation-digs-in
Williams Signals Fed Still Has Work to Do in Its Inflation Fight: Federal Reserve Bank of New York President John Williams said the central bank has made ...
bloomberg.com/news/articles/2024-04-11/williams-signals-fed-still-has-work-to-do-in-its-inflation-fight
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Biden's new take on inflation: Trump would be worse: Biden's team knows there's not a lot it can do to lower it before the Nov. 5 election.
axios.com/2024/04/13/biden-trump-inflation-worse-tariffs
Quick Glance: Biden's New Perspective on Inflation: Trump Would Be Worse
- The White House warns that inflation would worsen if Trump is re-elected as a strategy to sway voters.
- March's inflation increase surpassed expectations, undermining Biden's claim of lowering prices.
- Rising oil prices due to geopolitical tensions could lead to higher gas prices, a concern for the White House.
- Biden emphasizes fighting inflation as top priority while experts debate the impact of his economic stimulus packages.
When will Americans see those interest-rate cuts?: Following a nasty surprise, some now think they may come only after the presidential election
economist.com/finance-and-economics/2024/04/10/when-will-americans-see-those-interest-rate-cuts
Hot Inflation Print Blows Up Bond Trader’s Record Futures Wager: A record-sized bullish bet on interest-rate futures that was made hours before Wednesday’s US ...
bloomberg.com/news/articles/2024-04-10/hot-inflation-print-blows-up-bond-trader-s-record-futures-wager
Paid articlePaid Ben Bernanke says BoE must revamp main economic model: Nobel laureate cites ‘significant shortcomings’ and calls for end of fan charts
ft.com/content/4433c035-fa80-49ad-a3dd-a3af2c509e0c
Quick Glance: Improve: Bernanke Critiques Bank of England's Handling of Inflation Crisis
- The Bank of England has deteriorated in economic forecasting, with faulty models and outdated systems. Communication with the public needs enhancement.
- Ben Bernanke's report includes 12 detailed recommendations, which Andrew Bailey, the Bank's governor, intends to act upon. Bernanke emphasizes the Bank's potential for significant improvement.
- Bernanke criticizes the Bank's use of fan charts, suggesting they lack useful information and should be replaced with more transparent communication methods. He highlights the need for clearer decision-making reasoning.
- Despite recommendations, Bernanke avoided speculating on past actions, indicating room for substantial improvement within the Bank's processes. The report conveys a clear message: the Bank could have performed much better.
World Economy Latest: ECB Holds Steady But Signals Rate Cuts Coming Soon: The European Central Bank held the line on interest rates but officials leaned even ...
bloomberg.com/news/articles/2024-04-13/world-economy-latest-ecb-holds-steady-but-signals-rate-cuts-coming-soon
Paid articlePaid Markets Had a Brutal Reaction to Inflation, Why There’s No Need to Panic. And 5 Other Things to Know Before Markets Open.
barrons.com/articles/what-to-know-today-25626a13
Paid articlePaid Central Bankers Should Retire the 2% Inflation Target: With the energy shock now a memory, central bankers require more flexible objectives.
bloomberg.com/opinion/articles/2024-04-17/central-bankers-should-retire-the-2-inflation-target
Paid articlePaid Fed’s Main Inflation Gauge Set to ‘Calm Some Nerves’ After CPI: The Federal Reserve’s preferred inflation gauge is set to come in softer than another report this ...
bloomberg.com/news/articles/2024-04-11/fed-s-main-inflation-gauge-set-to-calm-some-nerves-after-cpi
Fed Rate Cuts Are Now a Matter of If, Not Just When: Officials started the year with the wind seemingly at their backs. No more.
wsj.com/economy/central-banking/fed-rate-cuts-are-now-a-matter-of-if-not-just-when-144a978e
BlackRock CEO Larry Fink is skeptical of the Fed's 2% inflation target: The BlackRock CEO says interest rates are still coming, but that the central bank’s ...
qz.com/blackrock-larry-fink-fed-rate-cuts-1851406856
US Producer Prices Rise 2.1% From Year Ago, Most in 11 Months: US producer prices increased in March from a year earlier by the most in 11 months ...
bloomberg.com/news/articles/2024-04-11/us-producer-prices-rise-2-1-from-year-ago-most-in-11-months
Paid articlePaid Trump's 60% Tariff on China, 10% Elsewhere to Raise US Inflation: Model: The tariff plan that Donald Trump has vowed to impose would likely send inflation ...
bloomberg.com/news/articles/2024-04-03/trump-60-tariff-on-china-10-elsewhere-to-raise-us-inflation-model
Paid articlePaidQuick Glance: Trump's 60% Tariff on China, 10% Elsewhere to Raise US Inflation: Model
- The proposed tariff plan by Donald Trump could potentially cause inflation to exceed the Federal Reserve's target, leading to a possible increase in interest rates.
- Analysis indicates that implementing Trump's plan would negatively impact US growth and raise living costs for Americans.
- Experts predict that the proposed tariff measure could push the Fed's preferred price index for personal consumption expenditures to 3.7% by the end of next year, significantly higher than policymakers' target of 2%.
- Trump's proposed plans might result in a 2.5% increase in consumer prices and a 0.5% decrease in gross domestic product after two years, leaving the Fed with the decision to adjust interest rates accordingly.
Mortgage rates hit highest level since November after hot inflation report: Mortgage rates jumped to their highest reading since November as the timeline for ...
thehill.com/business/housing/4585910-mortgage-rates-hit-highest-level-since-november-after-hot-inflation-report/
When will Americans see those interest-rate cuts?: Following a nasty surprise, some now think they may come only after the presidential election
economist.com/finance-and-economics/2024/04/10/when-will-americans-see-those-interest-rate-cuts
Dollar Set for Best Day in Three Months as CPI Data Sink Bets on Three Fed Cuts: The dollar surged the most since January after hot US inflation data pushed ...
bloomberg.com/news/articles/2024-04-10/dollar-set-for-best-day-in-three-months-as-cpi-data-sink-bets-on-three-fed-cuts
Wall Street traders keep underestimating America’s economic strength: It's the exact opposite of what happened in the 2010s
axios.com/2024/04/14/stock-market-bonds-interest-rates-us-economy
NY Fed President Says Hot Inflation Data Are ‘Bumps Along the Way’: In prepared remarks before the Federal Home Loan Bank of New York 2024 Member Symposium ...
barrons.com/articles/ny-fed-president-williams-inflation-data-0e01b374
Paid articlePaid Gold Holds Record High Ahead of Pivotal US Inflation Figures: Gold held a record high as investors positioned for US inflation data that could help shape the ...
bloomberg.com/news/articles/2024-04-10/gold-holds-record-high-ahead-of-pivotal-us-inflation-figures
Paid articlePaid Fed Faces a Long, Slow Fight Against Inflation in Services
barrons.com/articles/fed-rates-inflation-services-c64195c9
Paid articlePaid Inflation still too high for Fed to cut interest rates, Schmid says: Kansas City Federal Reserve President Jeff Schmid said on Friday the U.S ...
reuters.com/markets/us/inflation-still-too-high-fed-cut-interest-rates-schmid-says-2024-04-12/
Gold price forecast: Citi sees 25% soar to $3,000 over next 18 months: Citi strategists wrote in a recent note that they see gold soaring past $3 ...
markets.businessinsider.com/news/commodities/gold-price-outlook-record-high-middle-east-fed-policy-citi-2024-4
ECB could cut rates more than three times in this year: Simkus: The European Central Bank could cut interest rates more than three times this year and the ...
reuters.com/markets/europe/ecb-could-cut-rates-more-than-three-times-this-year-simkus-2024-04-15/
March Inflation Data to Prolong Drama Around Fed Rate-Cut Timing: A monthly report on consumer prices due Wednesday is unlikely to settle the debate around the ...
bloomberg.com/news/articles/2024-04-10/march-inflation-data-to-prolong-drama-around-fed-rate-cut-timing
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What Inflation? Market Expert Ryan Detrick Says Hotter-Than-Expected March Inflation Report Won't Derail
benzinga.com/top-stories/24/04/38226089/what-inflation-market-expert-ryan-detrick-says-hotter-than-expected-inflation-report-wont-derail-sto
Biden's bad news on inflation: Inflation is rearing its ugly head again and it's a nightmare for Biden on several fronts.
axios.com/2024/04/10/cpi-inflation-report-biden-march
Stock Market Today: Dow, S&P Live Updates for April 11 - Bloomberg: Stocks in Asia are primed for early declines after higher-than-expected US inflation data ...
bloomberg.com/news/articles/2024-04-10/stock-market-today-dow-s-p-live-updates
Paid articlePaid Hot inflation may put Fed rate cut in thick of election season: Hot U.S. inflation data has put the Federal Reserve's debate over a first interest rate cut on a ...
reuters.com/world/us/hot-inflation-may-put-fed-rate-cut-thick-election-season-2024-04-11/
Watch Fed Chair Powell speak live during a policy forum in Washington: Fed Chair Jerome Powell speaks to the Wilson Center's Washington Forum on the Canadian ...
cnbc.com/2024/04/16/watch-fed-chair-powell-speak-live-during-a-policy-forum-in-washington.html
Stock Market Today: Dow, S&P Live Updates for April 10: Wall Street traders sent stocks and bonds sliding after another hot inflation report signaled the Federal ...
bloomberg.com/news/articles/2024-04-09/stock-market-today-dow-s-p-live-updates
Paid articlePaid The Fed’s Rate Cut Plans Are in Doubt. March Inflation Data Won’t Bring Certainty.
barrons.com/articles/the-feds-rate-cut-plans-are-in-doubt-march-inflation-data-wont-bring-certainty-b2dc9171
Paid articlePaid The U.S. may be entering a new era of persistently high interest rates: With the Fed’s pivot plans now in disarray, it’s 2015 in reverse.
axios.com/2024/04/17/interest-rates-inflation-us-economics
US Economic Data Confirm a New Narrative: We’re All a Bit Lost Right Now: If there’s a new Wall Street catchphrase, it might be ‘It is still really unclear’
bloomberg.com/news/newsletters/2024-04-11/us-economic-data-confirm-a-new-narrative-we-re-all-a-bit-lost-right-now
Fed on Track to Cut in June, Morgan Stanley’s Zentner Says: The US Federal Reserve is on track to cut interest rates in June, according to Ellen Zentner ...
bloomberg.com/news/articles/2024-04-05/fed-will-be-ready-to-cut-by-june-morgan-stanley-s-zentner-says
Paid articlePaid CPI Report: Inflation Bumps Are ‘Part of the Game,’ Citadel’s Angel Ubide Says: Traders and policymakers alike risk reading too much into the ...
bloomberg.com/news/articles/2024-04-10/inflation-bumps-are-part-of-the-game-citadel-s-ubide-says
Paid articlePaid Bond Traders See 4.5% Yields as Next Test as Focus Shifts to CPI: There’s one hope left for bond traders burned by this year’s selloff: a sign that the Federal ...
bloomberg.com/news/articles/2024-04-07/bond-traders-see-4-5-yields-as-next-test-as-focus-shifts-to-cpi
Paid articlePaid Jamie Dimon warns rates could stay high as market mood shifts: JPMorgan chief says inflation could be ‘stickier’ than markets expect in annual letter to ...
ft.com/content/9c3b136c-79c0-4347-9cc9-b90e5489a85f
Quick Glance: Jamie Dimon warns of potentially prolonged high rates
- JPMorgan chief Jamie Dimon warns in his annual letter to investors of potentially prolonged higher inflation and interest rates due to high government spending.
- Dimon mentioned that the economy is being fueled by government deficit spending and past stimuli, which could lead to potentially stickier inflation and higher rates.
- Financial markets have significantly reduced their expectations for the number of expected rate cuts by the US Federal Reserve, with only two quarter-point cuts planned in 2024.
- Dimon also warns of the risks of the private credit market boom and emphasizes that regulations may increasingly focus on this market, warning of geopolitical risks due to events like Russia's invasion of Ukraine.
US consumer sentiment falls slightly as outlook for inflation worsens: Consumer sentiment about the U.S. economy has ticked down but remains near a recent high ...
apnews.com/article/economy-inflation-consumers-confidence-ba1f9fa47d70c49b5d7a33d538c45658
Where To Find Princely 5% Yields For Your Cash And Take No Risk: The Federal Reserve threw you a curveball with interest rates. Cash is still king as inflation ...
investors.com/etfs-and-funds/personal-finance/interest-rates-how-to-cash-in-on-high-yielding-cash-cds-apys/
Bloomberg Evening Briefing: Inflation Remains a Nagging Problem for the US: Get caught up.
bloomberg.com/news/newsletters/2024-04-10/bloomberg-evening-briefing-inflation-remains-a-nagging-problem-for-the-us
Jefferies Says Stocks Can Rally Even If Fed Doesn’t Cut Rates: Traders spooked by Wednesday’s hotter-than-expected inflation print need not to worry ...
bloomberg.com/news/articles/2024-04-10/jefferies-says-stocks-can-rally-even-if-fed-doesn-t-cut-rates
Paid articlePaid JPMorgan CEO warns interest rates could rise to 8 percent ‘or even more’: JPMorgan Chase CEO Jamie Dimon warned that interest rates could rise to 8 percent or ...
thehill.com/business/4585341-jpmorgan-ceo-dimon-warns-interest-rates-8-percent/
Gold Holds Record High as Investors Wait for US Inflation Print: Gold held a record high ahead of US inflation data on Wednesday that could provide clues for the ...
bloomberg.com/news/articles/2024-04-09/gold-holds-record-high-as-investors-wait-for-us-inflation-print
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