Jeffrey Gundlach called on the Federal Reserve to raise interest rates faster than markets anticipate in order to cool the hottest inflation in four decades.
NatWest Markets head of US Michelle Girard, SlateStone Wealth chief market strategist Kenny Polcari and T3 Trading CSO Scott Redler discuss what's causing the multi-asset market sell-off on 'The Claman Countdown.'battle at the conclusion of its Wednesday meeting with an interest rate hike dramatically larger than what Wall Street expects.
By comparison, most Wall Street traders expect the U.S. central bank to approve a 75-basis point rate hike at its Wednesday meeting, which would already mark the steepest increase since 1994. That would lift the federal funds target range to 1.5% to 1.75%.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Student Loans, Mortgages, Credit Cards: Here’s What Will Cost More As Fed Raises Interest RatesThe Federal Reserve on Wednesday authorized the biggest interest rate hike in 28 years—doubling down on a policy that's already driving up borrowing costs and tanking housing demand.
Weiterlesen »
Fed raises key interest rate by 0.75% as it hardens fight against inflationThe central bank delivered its biggest interest rate hike since 1994 as the latest inflation data shows consumer prices are still climbing at a record pace.
Weiterlesen »
Fed raises key interest rate in largest hike since 1994The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades.
Weiterlesen »
JP Morgan, Goldman economists now expect Fed to raise rates by 75 basis points on WednesdayEconomists at JP Morgan and Goldman Sachs said in client notes Monday that they now expect the Federal Reserve to raise its policy rate by 75 basis points on Wednesday. Or could it even be 100?
Weiterlesen »
Morgan Stanley Says Ether Underperformance Echoes Crypto Downturn of 2018.MorganStanley says ether, the largest altcoin, is underperforming bitcoin, similar to the crypto downturn in 2018. By willcanny99
Weiterlesen »
Federal Reserve Could Dole Out Biggest Interest Rate Hike In More Than Two DecadesAll eyes will be on the Federal Reserve Wednesday. It could take more action against soaring inflation with its biggest interest rate hike in more than two decades. Siafa_Lewis reports
Weiterlesen »