Tag: Fed
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This Week's Fed Meeting Could Shock Market Rates Higher
Alex Wong This week’s FOMC meeting will likely highlight the big differences between where the Fed sees interest rates in 2024 and where the market sees rates. The November job report this past week highlights that the labor market remains healthy despite a slowdown in hiring and an unemployment rate that is trending higher. But…
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The Fed Can’t Put Off Preparing for Rate Cuts
As the economy slows down toward its speed limit, it might be time to start thinking about easing up on the brake. That doesn’t mean the driver has to inform the passengers. Friday’s employment report showed that the economy added a seasonally adjusted 199,000 jobs last month, a move up driven in part by the…
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RBI looks cautious, may find it difficult to cut rates ahead of US Fed
RBI may only get a chance to cut rates around the August 2024 policy. By Indranil Pan, Chief Economist at Yes Bank India appears to be in a sweet spot – high growth that exceeded everyone’s expectations and containment of inflation dynamics to an extent. The backdrop to this policy was a slowing inflation, especially…
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Fed Chair Powell calls talk of cutting rates 'premature' and says more hikes could happen
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September 20, 2023 at the Federal Reserve in Washington, DC. Chip Somodevilla | Getty Images Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead, calling it too…