Interest Rates
Going into an FOMC meeting, a constellation of factors come together to affect the event’s price outcome
We’re still a few days out from the “Santa rally window,” but a breakout in equities and crypto could be imminent
Analysts are anticipating November’s annual CPI figure to come in at 2.7%, a moderate uptick from October
There’s a lot of confusion as to why the Fed might still be cutting rates despite what looks to be an economy doing pretty well
The Fed’s preferred inflation gauge showed that prices increased 0.2% from September and 2.3% annually
With respect to today’s FOMC meeting, Powell needs to carefully consider where he wants to attempt guiding yields
Fed funds futures markets were pricing in a 99.2% likelihood that the committee announces a 25bps cut tomorrow
Historically, positive returns have been a bit more of a toss-up during the year’s 11th month
August’s annual headline figure came in at 2.3% after an upward revision Thursday, so things are moving in the right direction
Markets are, unsurprisingly, still all but certain (96% sure) the Fed will opt for another 25bps interest rate cut next month
It’s crucial to look at the broad economy and not just the overnight rate that the Fed talks about
Plus, hotter-than-expected inflation data this week stirs uncertainty about November rate cut possibilities
Various factors are likely to temper strong jobs data-spurred optimism in the short term, industry watchers say
Latest stats from the US Bureau of Economic Analysis reinforce expectations of a continued dovish policy stance, analysts say
How have central banks reacted to the US Federal Reserve lowering interest rates for the first time in more than four years?
Despite short-term boost, Bybit executive warns investors of “potential challenges posed by economic uncertainty and market fluctuations”
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