With the Federal Open Market Committee kicking off its two-day policy meeting, where central bankers are expected to announce a 0.75 percentage point rate hike, the Fed decision on Wednesday may once again be followed by stock-market gains, according to DataTrek Research co-founder Nicholas Colas.
“No guarantees that this will happen again this Wednesday, of course, but we would not be surprised to see traders front-run this fact tomorrow,” Colas noted. According to Colas, the phenomenon of a “Fed Drift”, which sees that equities have tended to rally into and through FOMC meetings and hold their gains the day after, no longer works.
See: Why stock-market investors fear a full percentage point Fed rate hike would ‘unnerve’ Wall Street
I hope so
500 basis points! 😁😄🤣
Depends if they peel,tug or rip the bandaid off 🤷♂️
Without doubt
Not if they go with a 100 basis point hike
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
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US stocks rise ahead of expected interest rate hike by FedStocks closed higher on Wall Street after swaying between small gains and losses much of the day as investors brace for another big interest rate increase this week from the Federal Reserve.
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European Stocks Set to Slip at the Open as Traders Await This Week's Fed MeetingEuropean markets were seen opening slightly lower Monday, after a tough week which saw stocks fall across the board.
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Dow gains 200 points as stocks finish higher ahead of September Fed meetingU.S. stocks finished higher on Monday as investors wait for the Federal Reserve to deliver another jumbo interest-rate hike later this week. The Dow Jones Industrial Average gained 197.26 points, or 0.6%, to 31,019.68:
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US stocks rise ahead of expected interest rate hike by FedA choppy day of trading on Wall Street ended with stocks closing higher Monday as investors brace for another big interest rate increase this week from the Federal Reserve. Blame this clown 🤡
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