From January to June 2022, the Federal Reserve increased the key policy rate by 150 basis points (bps) and GlobalData predicted that the Fed’s further rate hike of 75 bps in July
By Jeffrey Halley You had the feeling that Wall Street, with perpetually itchy buy-button trigger fingers, was primed for this FOMC. As expected, the FOMC raised the Fed Funds target by 0.75%,
By Jeffrey Halley After what seems like an interminable wait, we are finally at FOMC day. Markets have baked another 75 basis points into their loaves of bread, but it’s going to
By Craig Erlam A quiet start to what will otherwise be a lively week in financial markets, with particular focus on the US as the Fed meets Wednesday and big tech report
By Jeffrey Halley This month has dragged on and seems to be lasting forever, with the US FOMC policy meeting falling at the end of the month, instead of its usual mid-month
By Jeffrey Halley Volatility was the winner overnight, with a multitude of data points and events leaving market price action messier than a teenager’s bedroom. The European Central Bank surprised markets by
By Jeffrey Halley The bear market rally looks well and truly back on track, thanks to one of the stranger things I have seen in 2022; Netflix losing only 1 million subscribers
By Moody’s Analytics The June U.S. consumer price index has financial markets increasing their bets on a 100-basis point rate hike at the upcoming meeting of the Federal Open Market Committee. The
By Jeffrey Halley Markets in Europe and early New York went “hold my beer” and went into “the Fed is going to hike by one percent, we’re all doomed” mode. The negativity
By Jeffrey Halley Central banks have gone full Bon Jovi handing out some monetary policy bad medicine over the past 24 hours, as the fight against inflation permeates even the most ardent
