Stocks closed well off session lows as comments from Federal Reserve officials brought some relief to investors worried that a more aggressive pace of rate hikes could trigger a recession.
Treasury two-year yields fell as traders shifted their bets away from a full-point hike by the Fed this month. Markets may have gotten a little ahead of themselves in betting on a move of that magnitude, Waller said. The Bloomberg Dollar Spot Index pared gains, but still traded at an all-time high. Shrinking the Fed’s US$8.9 trillion balance sheet will have an effect over time equivalent to no more than three quarter-point interest-rate hikes, according to a new study by a Fed Bank of Atlanta economist. That suggests the asset reductions will have a relatively modest effect compared to rate hikes to counter inflation.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Stocks, futures fall as Fed rate-hike bets harden - BNN BloombergUS equity futures fell along with stocks in Europe and the dollar resumed its upward march Thursday after high US inflation hardened expectations for more aggressive monetary tightening.
Källa: BNNBloomberg - 🏆 83. / 50 Läs mer »
World stocks sink after U.S. inflation fuels rate hike fearsGlobal stocks and Wall Street futures sank Thursday after higher U.S. inflation stoked expectations of more rate hikes that investors worry will chill economic growth.
Källa: CTVCalgary - 🏆 26. / 68 Läs mer »
Asian stocks up after U.S. inflation fuels rate hike fearsAsian stock markets rose Thursday after higher U.S. inflation stoked expectations of more rate hikes that investors worry will chill economic growth.
Källa: CTVNews - 🏆 1. / 99 Läs mer »
TSX today: Stocks pare some losses after historic BoC rate hike - BNN BloombergCanada’s benchmark stock index pared some of its losses but still closed in negative territory in the wake of the Bank of Canada historic full-point interest rate hike Wednesday.
Källa: BNNBloomberg - 🏆 83. / 50 Läs mer »
Stocks dodge an inflation wipeout: Explaining the tepid reactionData that landed like a gut punch on anyone hoping inflation had receded was received with notable poise by investors. Why that happened was the subject of…
Källa: VancouverSun - 🏆 49. / 61 Läs mer »
Compared to the USD, Auto company stocks are on a summer vacationCompared to the USD, Auto company stocks are on a summer vacation kitconews gold silver investing metals economics mining finance
Källa: KitcoNewsNOW - 🏆 13. / 78 Läs mer »