A 75-basis-point rate hike next week is almost priced in, according to Investing.com’s. But the upside inflation seen earlier this week and the ongoing strength in the labor market have some betting on higher for longer rates.
The upside surprise in inflation, “coupled with the recent improvement in growth momentum and an uptick in labor demand, have led us to revise our outlook for the Fed once again," Jefferies said in a note, forecasting the Fed to hike until its benchmark rate reaches 4.6%.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
KEEP HARD
Bidens fault
Soon we will witness and cheer our birth - CORE
We add a word of caution: S&P briefly touched 3,888, at which point more computer selling possible, but then closed at 3,901. TOMORROW IS $3.2T OpEx. It’ll be a very interesting day tomorrow.
Shame on the Biden Admin. Hucksters.
Hilarious. The bulls coped themselves into not believing the FED, created their own narrative and QE pivot estimations, and panic when they fought the fed and lost
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market news today: Dow and S&P 500 updatesUS stocks plummeted in their worst day since June 11, 2020, after key August inflation data ticked upward, surprising investors. So the Inflation Bill that won’t lower Inflation is being celebrated today and Ppl with a 401K just lost a bundle today but Dems are going to win in November? I think not. Inflation was up last Month with CPI up again today. Not Flat. So you guessed wrong again Pres.Biden. I am sure they will find a way to push blame to Trump...He does deserve some, but this is LARGELY on Biden and Nancy.
Source: CNN - 🏆 4. / 95 Read more »
Consumer prices rise unexpectedly in August, sending stock market tumblingThe August inflation data arrives little over a week before the Federal Reserve decides on a rate increase. Majority of Americans don't have stocks and bonds. But rich and super rich corporations, Ceo's do. Biden is so good LOL
Source: ABC - 🏆 471. / 51 Read more »
TIPS vs. The Stock Market: Comparing Historic Returns In Times Of High InflationTIPS, or Treasury Inflation-Protected Securities, offer investors a way to invest in fixed-income securities without the risk of losing out to inflation. But are they a superior investment to stocks? Here’s how TIPS compare to stocks over the long term. Qai_Invest Just follow what Nancy Pelosi and her husband are doing. Now give me 10%. Qai_Invest It is in those returns, Core inflation is buried. Oil & Housing impact felt early but moving ahead is tough.
Source: Forbes - 🏆 394. / 53 Read more »