(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
Tag: Inflation
Charlie Munger warns of inflation, bolsters Apple and Chevron
Yahoo Finance Editor-in-Chief Andy Serwer details several takeaways from Daily Journal Chairman Charlie Munger’s shareholders’ meeting, including his statements on inflation, the tech sector, and crude oil.
— Read on ca.finance.yahoo.com/video/charlie-munger-warns-inflation-bolsters-213421603.html
January 2022 CPI: Inflation rises 7.5% over the past year, even more than expected
The consumer price index was expected to increase 7.2% from a year ago, according to a Dow Jones economist survey.
— Read on www.cnbc.com/2022/02/10/january-2022-cpi-inflation-rises-7point5percent-over-the-past-year-even-more-than-expected.html
10-year Treasury yield tops 2% for the first time since 2019 after hot inflation
The benchmark 10-year rate breached the 2% level after key inflation data showed hotter-than-expected price pressures.
— Read on www.cnbc.com/2022/02/10/us-bonds-treasury-yields-climb-ahead-of-inflation-data.html
Key Fed inflation gauge rises 4.9% from a year ago, fastest gain since 1983
A gauge the Federal Reserve prefers to measure inflation rose 4.9% from a year ago, the biggest gain going back to September 1983.
— Read on www.cnbc.com/2022/01/28/key-fed-inflation-gauge-rises-4point9percent-from-a-year-ago-fastest-gain-since-1983.html
Bank of Canada set to raise rates in inflation fight – BNN Bloomberg
Bank of Canada set to raise rates in inflation fight – BNN Bloomberg
— Read on www.bnnbloomberg.ca/bank-of-canada-set-to-raise-rates-in-inflation-fight-1.1713042
A Guide to the Fed Meeting as It Seeks to Tame Inflation
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergStock Rebound Fails and Futures Plunge on Earnings: Markets WrapNvidia Quietly Prepares to Abandon $40 Billion Arm BidMark Zuckerberg’s Stablecoin Ambitions Unravel With Diem Sale TalksStocks Storm Back From 4% Rout to Close Higher: Markets WrapThis Red-Hot Housing Market Is Betting Interest Rates Will Never RiseFederal Reserve policy makers are poised to signal
— Read on ca.finance.yahoo.com/news/fed-signal-march-interest-rate-050100531.html
Goldman Sachs chief economist on wage gains, inflation in the U.S.
Jan Hatzius says the pace of wage increases in the U.S. needs to slow down, as inflation heats up and becomes a central focus for the Fed and markets alike.
— Read on www.cnbc.com/2022/01/25/goldman-sachs-chief-economist-on-wage-gains-inflation-in-the-us.html
Debt-strapped Canadians brace for a risky rate-hiking cycle – BNN Bloomberg
Debt-strapped Canadians brace for a risky rate-hiking cycle – BNN Bloomberg
— Read on www.bnnbloomberg.ca/debt-strapped-canadians-brace-for-a-risky-rate-hiking-cycle-1.1711107
U.S. inflation hits 39-year high of 7%, sets stage for Fed hike – BNN Bloomberg
U.S. inflation hits 39-year high of 7%, sets stage for Fed hike – BNN Bloomberg
— Read on www.bnnbloomberg.ca/u-s-inflation-hits-39-year-high-of-7-sets-stage-for-fed-hike-1.1706478