Fed raises interest rates by half-point, the most since 2000
The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point.
Source: foxla.com
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Global Bond Market Decimated, Future Performance 'Policy Dependent'
Since hitting their peaks last year, stocks and bonds have been hemorrhaging amid soaring inflation, rising interest rates, and war in Eastern Europe.
Source: theepochtimes.com
U.S. bond market gives notice it's no longer a one-way street
Traders of U.S. government debt were dealt a stern reminder last week not to sleep on a market that’s been headed in one direction for a long time.
Source: nationalmortgagenews.com
Fed on track for half-point hike in May
Federal Reserve officials are reinforcing expectations they would raise interest rates by a half percentage point next month, accelerating a hawkish pivot to curb the hottest inflation in four decades. “I think that’s a reasonable option for us because the federal funds rate is very low,” Federal Reserve Bank of New York President John Williams said on Thursday in a Bloomberg Television interview. “We do need to move policy back to more neutral levels.” His remarks helped fan a sharp rise in 10-year US Treasury yields to 2.8 percent after the interview from about 2.7 percent before. ...
Source: taipeitimes.com
For The Markets, Powell Outranks Putin - Investing Daily
The Fed has started hiking rates. As recent market action shows, Powell's decisions matter more to investors than even those of Putin.
Source: investingdaily.com