20 January 2023
Fed Officials are sharing the same hawkish tone that they will probably need to raise interest rates to "just above" 5% and hold them there for a period, worries mounted that an aggressive stance by central banks could push the global economy into a slowdown.
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18 January 2023
European Central Bank policymakers are reportedly considering a slower pace of interest rate hikes. The 50 basis-point increase in February signaled by ECB President Christine Lagarde remains likely, but the possibility of a smaller 25-point rise in March is possible. This matter is based on the premise that the inflation rate is seen to ease in the euro area as the natural gas prices fall and the potential of a more dovish move by the US Federal Reserve.
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17 January 2023
The US House of Representatives is bracing to raise the federal debt ceiling before the country shoots itself in the foot with a voluntary default. Treasury Secretary Janet Yellen told both the US government and Congress that they will hit the Congressionally-approved ceiling on Thursday.
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13 January 2023
US inflation data fell for the first time since May 2020, bolstering optimism that the Federal Reserve will downshift to a smaller rate hike at next month's FOMC Meeting, which is at 0.25% (probability 92%).
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10 January 2023
U.S. 10-year Treasury yields slipped further as December U.S. employment data began to show weakness, providing support to rate-sensitive sector, such as Technology , as investors began to expect a more dovish tone from the Fed. Fed Fund Futures projects the highest rate to fall from 5% compared to last week.
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