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Fed officials expect three rate rises next year in hawkish pivot on inflation
By Colby Smith & Eric Platt
How Inflation Concerns May Affect Prices
By Eduardo Porter
The Federal Reserve is expected to take a very big step toward a rate hike
By Patti Domm
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Formerly TwitterMohamed A. El-Erian
elerianm
The yield on 2-year US Treasuries is trading again above 5% as the Federal Reserve starts its two-day policy meeting.
#economy #markets #centralbanks #econtwitter #federalreserve pic.twitter.com/ulHrTmPNkz
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Mohamed A. El-Erian
elerianm
From Bloomberg (below) on a closely watched US wage indicator.
On a standalone basis, this suggests no quick relief for the #FederalReserve from rather sticky #inflation, especially in the services sector.
The associated policy complexities are amplified by (bottom-up) signs of… pic.twitter.com/olpfc8Mssx
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*Walter Bloomberg
DeItaone
❖ Powell Seen as 'Comfortable' With Repricing of Fed Expectations: Bank of America
The Fed's main message after tomorrow's rate decision is likely to be that "policy needs more time, the next move is most likely a rate cut, and the committee is in a wait-and-see mode until the…
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*Walter Bloomberg
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FED RATE DOUBTS HAVE OPTIONS TRADERS COVERING BOTH HIKES AND CUTS
Treasury options traders are protecting against everything from multiple interest-rate cuts this year to a hike ahead of the US Federal Reserve meeting this week.
www.bloomberg.com/news/articles/2024-04-28/fed-rate-doubts-have-options-traders-covering-both-hikes-and-cuts?sref=dJOSAJZH
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All coverage
Inflation: why it is the biggest test yet for central bank independence
By Anton Muscatelli
Fed to pivot on inflation fears in the face of another uncertain year
By Lindsay Dunsmuir
Fed signals three rate hikes in the cards in 2022 as inflation fight begins
By Jonnelle Marte & Howard Schneider