A Fed decision, FedEx earnings and the UAW strike: What to know this week

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

A Federal Reserve meeting awaits investors as debate over whether the Fed is done hiking interest rates heats up.

, both outcomes the Fed wants. So the question surrounding the central bank's meeting is less about what the Fed does in September and more about the policy decisions that come after that.

"We expect the 2023 median policy rate forecast to show one more 25bp hike, for a terminal rate of 5.5-5.75%," Gapen wrote. "Perhaps the most important forecast is the 2024 median, which in our view will shift up by 25bp to 4.875%, reflecting just 75bp of cuts next year. This would be about 40bp above current market pricing. Risks are skewed toward an even larger upshift in the 2024 median, which would be a significantly hawkish outcome.

After not reaching a new contract agreement, 13,000 UAW members entered a strike at GM's Wentzville, Mo., plant , Stellantis' Toledo Assembly , and Ford's Michigan Assembly Plant in Wayne . "The impact would cloud the incoming economic data for the next few months, making it harder for the Fed to claim that the figures are breaking decisively one way or the other," Oxford Economics economists Michael Pearce and Nancy Vanden Houten wrote in a note on Wednesday. "That would add, at the margin, to the case for a pause in rates."

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 47. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

UAW strike may trigger losses for these tech companiesSome of the economic impacts of the auto strike may eventually ripple across tech and the chip industry.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Canadian auto workers 'nowhere near' deal as UAW strike threatens to disrupt North American industryAs UAW workers launched an unprecedented strike at all three big carmakers, the deadline for Canada\u0027s auto union talks draws near. Read more
مصدر: financialpost - 🏆 7. / 85 اقرأ أكثر »

Canadian auto workers 'nowhere near' deal as UAW strike threatens to disrupt North American industryCanada’s auto union has “a lot of work to do” this weekend to avert a strike by next week, its leader said after members of its counterpart in the United ...
مصدر: SaltWire Network - 🏆 45. / 63 اقرأ أكثر »