Category: Blog

Fed Eyes Rate Hike Soon and Faster Tightening Pace If Needed

(Bloomberg) — Federal Reserve officials concluded in January that they would start raising interest rates soon and were on alert for persistent inflation that would justify a faster pace of tightening.Most Read from BloombergStocks Edge Higher With Fed Hiking Bets Steady: Markets WrapJho Low’s Wild Nights on Display: $250,000 for DiCaprio, FoxFed Eyes Rate Hike Soon and Faster Tightening Pace If NeededTrump’s Accountants Just Quit. What Took So Long?Hong Kong to Mass Test Whole City for Covid W
— Read on ca.finance.yahoo.com/news/fed-officials-saw-rate-hike-190551140.html

Japan’s deficit reaches 8-year high as energy imports soar

TOKYO (AP) — Japan racked up a 2.2 trillion yen ($19 billion) trade deficit last month, an eight-year high, as the cost of energy imports soared, the government said Thursday. The Finance Ministry said exports edged up 9.6% in January from the same month the previous year. Imports jumped 39.6%, resulting in the sixth straight month of trade deficits, it said. The amount is the biggest since January 2014, when the trade deficit totaled nearly 2.8 trillion yen. Koya Miyamae, a senior economist at
— Read on ca.finance.yahoo.com/news/japans-deficit-reaches-8-high-050019438.html

Goldman Sees Fed Hiking Seven Times in 2022 Instead of Five

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergThe Housing Boom May Be About to Go BustThe Housing Party Is Starting to Wind DownTreasuries Sink With Stocks as Rate Bets Repriced: Markets WrapU.S. Inflation Charges Higher With Larger-Than-Forecast GainFed Doesn’t Yet Favor a Half-Point Hike or an Emergency MoveGoldman Sachs Group Inc. sees the Federal Reserve raising interest rates seven times this year to co
— Read on ca.finance.yahoo.com/news/goldman-sachs-now-predicts-fed-041037901.html

Traders Pricing Seven Fed Hikes This Year as Global Bonds Tumble

(Bloomberg) — Global bond yields soared as traders wagered that the Federal Reserve will raise policy rates by 175 basis points by the end of the year, even as officials pushed back against expectations of a super-sized hike next month. Most Read from BloombergThe Housing Boom May Be About to Go BustThe Housing Party Is Starting to Wind DownTreasuries Sink With Stocks as Rate Bets Repriced: Markets WrapU.S. Inflation Charges Higher With Larger-Than-Forecast GainFed Doesn’t Yet Favor a Half-Poin
— Read on ca.finance.yahoo.com/news/traders-now-betting-least-one-175136824.html