In a year dominated by worries about inflation and rising interest rates, strategists and traders said a narrative is building within financial markets in which the Federal Reserve will likely Read more
Tag: hikes
Euro slips as traders see ECB opening the door to slower rate hikes
The euro dipped back below parity versus the U.S. dollar on Thursday as traders bet the European Central Bank will slow the pace of interest rate hikes after delivering another Read more
ECB hikes interest rates by 75 basis points, taking deposit rate to 1.5%
The European Central Bank on Thursday lifted its key interest rates by 75 basis points, or 0.75 percentage point, as expected and said it would continue to hike rates in Read more
Dow rises around 300 points as investors shake off weak tech earnings, assess pace of Fed rate hikes
U.S. stocks were mostly higher Wednesday as investors shook off disappointing results from tech behemoths Microsoft and Alphabet, while the Bank of Canada delivered a smaller-than-expected rate hike. How are Read more
Fed’s Daly wants to start talking about ‘step down’ in super-sized pace of interest-rate hikes
The Federal Reserve needs to start talking about slowing down their rapid pace of recent increases in their benchmark interest rate, said San Francisco Fed President Mary Daly on Friday. Read more
Renault backs 2022 view as price hikes offset weaker sales
Renault SA on Friday said that third quarter revenue rose as price increases helped offset a decline in vehicle sales, and backed its full-year guidance. The French car maker’s RNO, Read more
Ten-year Treasury yields highest since 2007 as traders price more Fed hikes
Benchmark U.S. bond yields rose to fresh 14-year peaks as investors continued to fret about stubbornly robust inflation and the higher borrowing costs required to defeat it. What’s happening The Read more
Ten-year Treasury yields highest since 2007 as traders price more Fed hikes
Benchmark bond yields rose to fresh 14-year peaks as investors continued to fret about stubbornly robust inflation and the higher borrowing costs required to defeat it. What’s happening The yield Read more
Fed’s Bullard thinks inflation can come down without throwing a wrench in strong labor market
The Federal Reserve can get inflation back down to its 2% target without throwing a wrench in the strong labor market, said St. Louis Fed President James Bullard on Wednesday. Read more
ASML rallies after chip equipment maker hikes outlook, boosting Lam stock
U.S. shares of ASML Holding NV rallied Wednesday after the Dutch chipmaking-equipment supplier’s better-than-expected results and raised outlook boosted shares of peers like Lam Research Corp., which is reporting its Read more