Hawkish Comments News Today

"So with markets pricing a pivot for a 7th time, it's worth considering whether the conditions are actually in place for that to happen."

U.S. stocks rally as robust economic data eases recession fears. Dollar softens. Nasdaq surges with tech megacaps. Fed rate hike expected.

Gold retreats as the dollar strengthens on hawkish Fed comments, raising doubts on interest-rate cuts. Stay updated on market trends and prices.

Billionaire investor Jeffrey Gundlach said the Federal Reserve is "very likely" to hike interest rates by 50 basis points at its next meeting.

Stocks have done well under past Fed tightening cycles, especially when rate hikes are predictable, according to Fundstrat's Tom Lee.

"We will likely need to do additional rate increases," Powell said, adding that the disinflation process would take "a significant period of time."

Inflation needs to "explode" this month to meet the Fed's projections, which is why their estimates "make no sense," according to Fundstrat's Tom Lee.

Stocks gave up earlier gains after the Fed delivered its widely-expected 50 basis-point rate hike, signaling it would keep raising into 2023.

"I would get ready for a very volatile January. I think that the higher the market goes in December, the worse it's going to be in January."

Rates could go higher than expected, and markets are pricing in more dovishness than the Fed may deliver, according to Deutsche Bank.