Welcome!
US Federal Reserve (US Fed)
US Economy
Traders are starting to put big money on the Fed going to 6%
On Tues,a trader amassed a large position in options that would make US$135 million if the central bank keeps tightening till Sept
February 09, 2023
US Economy
Powell says further rate hikes needed and markets take heed
Powell's remarks suggest that the 5.1% interest-rate peak forecast by officials in December is a soft ceiling.
February 08, 2023
US Economy
Fed slows rate hikes even as Powell says there's more work to do
Powell and his colleagues lifted the Fed’s target for its benchmark rate by a quarter percentage point to a range of 4.5% to 4.75%
February 02, 2023
US Economy
US economy cools like the Fed wants, still risks a stall in 2023
Gross domestic product rose at a 2.9% annualised pace, down from 3.2% in the third quarter.
January 27, 2023
US Economy
Fed affirms inflation resolve, pushes back against rate-cut bets
Policymakers next meet Jan 31 and Feb 1.
January 05, 2023
Global Markets
Hedge fund manager netting 29% gain sees S&P 500 going nowhere
The S&P 500 will be trapped in a band between 3,500 to 4,400 in the next 18 to 36 months, according to the market veteran.
December 19, 2022
Global Economy
Briefs: Fed still has 'some ways to go', Japfa's AustAsia to launch IPO on Dec 15
Quoteworthy: "You can commit fraud in shorts and T-shirts in the sun." — Damian Williams, US attorney.
December 16, 2022
US Economy
Economists see Powell’s message as 'hawkish'; 50 bps increase 'consistent' with forecasts
"Real interest would rise considerably next year, which could hurt economic growth and affect financial stability": DBS
December 16, 2022
US Economy
Bill Ackman says Fed's 2% inflation target 'no longer credible'
A targeted inflation of around 3% would be a better strategy for long-term growth, says Ackman.
December 16, 2022
US Economy
Powell says Fed still has a 'ways to go' after half-point hike
The S&P 500 index dropped as investors digested the news.
December 15, 2022