Tag Archives: Fed

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, November 9, 2021 Investors are more worried about inflation than the Fed seems to be Amid the market’s debate over whether inflation will prove transitory or permanent, closely tracked indicators, such as bond yields, are sending us mixed signals about the future. That in part is because the real economy is also fighting through… Source link

(Bloomberg) — Every day in the early afternoon, money-market traders are glued to the Federal Reserve Bank of New York’s website to see the results of the overnight reverse-repurchase agreement facility. Most Read from Bloomberg They’re not the only ones. A screenshot of this obscure but important facility’s daily usage is religiously uploaded to a Reddit forum called Superstonk, a discussion board similar to WallStreetBets where users swap memes and stock tips. As usage of the facility… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, November 4, 2021 No taper tantrum in sight, rate hikes take center stage On Wednesday, the Federal Reserve passed its first major test — announcing the slow normalization of policy without upsetting markets. In announcing that it would curtail bond purchases as growth slows and price pressures bubble over, markets responded by setting… Source link

Stock futures opened little changed Wednesday evening to hold near record highs, with investors contemplating the the Federal Reserve’s decision to begin paring back some of its monetary policy support as the economic recovery progresses further. Earlier during the regular session, each of the S&P 500, Dow and Nasdaq set record intraday and closing highs yet again, with the Fed’s latest monetary policy decision compounding with optimism over a slew of stronger-than-expected quarterly… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, November 3, 2021 Bonds and the dollar Watch bonds and the dollar, the forgotten stepchildren of a frothy market. Once upon a time, inflation-wary investors used to telegraph their displeasure by selling Treasury debt, which pushed up yields and the value of the U.S. dollar (one day I’ll explore the fascinating world of interest rate… Source link

Stock futures opened near the flat line Tuesday evening as investors awaited a key monetary policy decision from the Federal Reserve. Contracts on the S&P 500 traded sideways. The blue-chip index had set a record closing high for a fourth straight session earlier in the day while the Dow closed above 36,000 for the first time ever, buoyed by an extended run of better-than-expected corporate earnings results.  Some of the closely watched names that reported results after market close continued… Source link

Stocks hovered near the unchanged market on Tuesday after a record-setting session, with investors keeping their powder dry ahead of a closely-watched policy decision by the Federal Reserve. On Tuesday, blue chip shares rose modestly, but tech stocks dipped, weighed by a drop in Tesla (TSLA) after CEO Elon Musk downplayed the expected impact of a deal with car rental giant Hertz.  Each of the S&P 500, Dow and Nasdaq rallied to fresh highs on Monday as more corporate earnings results exceeded… Source link

Federal Reserve Chairman Jerome Powell has all but announced that the central bank will take the first steps in paring back its extraordinary monetary stimulus, hoping that markets will not sour in response. Commentary from Fed officials over the last few weeks have pointed to an announcement on Nov. 3 that the central bank will slow its quantitative easing program. For months, markets have been wondering when the Fed would “taper” the pace of its U.S. Treasuries and agency mortgage-backed… Source link

A version of this post was originally published on TKer.co. The U.S. economy has made an extraordinary comeback from its early 2020 lows. And while there is still some room for improvement, the economy has made enough progress that the Federal Reserve feels comfortable dialing back some of its emergency monetary policy efforts. This means you’re about to see a ton of mind-numbing headlines about the Fed and monetary policy and the “tapering” of quantitative easing (QE). This is incredibly… Source link

Federal Reserve Chairman Jerome Powell’s odds at renomination continue to hang in the wind, as the White House works through whether or not they should bring in fresh blood to the head of the central bank. Complicating his path to a second term: a scandal that has engulfed at least three senior Fed officials, centered on big financial bets they made during 2020. Regional Fed Presidents Robert Kaplan and Eric Rosengren stepped down from their roles after reporting revealed bets on real… Source link