Breitbart Business Digest: We Need to Talk About Rate Hikes
The most underpriced risk in financial markets right now is a rate hike from the Federal Reserve.
The most underpriced risk in financial markets right now is a rate hike from the Federal Reserve.
The possibility of an interest rate hike is “the most underpriced risk in the market right now,” Breitbart Economics Editor John Carney told Fox Business host Larry Kudlow.
The Bond Market Is Like a Dog Walking on Two Legs We have it on the authority of James Boswell that in the summer of 1763 Samuel Johnson said that “a woman’s preaching is like a dog’s walking on his
The surprisingly strong January jobs report reflects real employment and productivity growth and not just growth in government or government-adjacent hiring, Breitbart Economics Editor John Carney told Fox Business host Larry Kudlow.
The much-better-than-expected jobs data for January demonstrates that the Federal Reserve was absolutely right this week to rule out a March rate cut. Even a May rate cut now looks unlikely.
Jerome Powell’s No Cut Thunderbolt Groucho Marx famously said he would not join any club that would have him. What happens, however, when the club joins you? We have been arguing since early December that economic growth was too strong
Will the Fed defend the position it staked out in December or capitulate to the view of bond traders?
The economy is signaling that it does not need a rate cut to keep growing. The question is whether the Federal Reserve is listening.
This week’s economic data very likely pushed the timing of a rate cut further out on the calendar.
Despite all of the data and the statements from Fed officials, the market has clung to the conviction that a rate cut is coming as early as March.
Nothing in the latest economic data provides a justification for the Federal Reserve to cut interest rates after its March meeting, Breitbart Economics Editor John Carney told Fox Business host Larry Kudlow.
The American consumer’s strength may be the force that wrestles the market out of the conviction that the Fed will cut interest rates this March.
The prospects of a soft landing for the economy is no reason for the Federal Reserve to rush into rate cuts.
The basic premise behind the conviction that the Federal Reserve will start cutting rates in the first quarter of next year is looking shakier.
The Federal Reserve Chairman’s silence is an implicit endorsement of the market’s view that we’re headed for five or six rate cuts next year.
It’s fun to play with Frosty the Snowman, but eventually he melts.
The market’s reaction to the Fed’s dovish pivot last week is withstanding the pushback from former and current Fed officials.
New York Federal Reserve President John Williams said Friday that rate cuts are not a topic of discussion for the central bank.
The markets are delighted that they heard Powell say, as he drove out of sight, “Rates cuts for all—and to all a good night.”
We doubted Fed Chairman Jerome Powell was going to play the Grinch at his press conference today, but we did not expect him to play interest rate Santa Claus.
The Federal Reserve left interest rates at 5.25 to 5.5 percent.
The average monthly mortgage payment in Joe Biden’s America has soared to $3,322, the WSJ reports, up from $1,787 when Donald Trump left office.
The November jobs numbers were a kick in the teeth to traders betting that the Federal Reserve would start cutting rates in March.
Buckle up and return to your seats. There’s likely to be some turbulence ahead.
The Federal Reserve may have to get back to work.
Jerome Powell probably did not mean to trigger a significant easing of financial conditions on Friday, but that’s exactly what he did.
The market immediately priced in much larger odds of a cut in March and May.
Does the rule that you cannot fight the Fed apply if the Fed is fighting itself?
Federal Reserve Governor Michelle Bowman said on Tuesday that she expects the central bank will have to hike rates further to bring inflation down to its two percent target. “My baseline economic outlook continues to expect that we will need to increase
The market is convinced that the Federal Reserve is done with rate hikes. The Federal Reserve is not.
On Tuesday’s broadcast of CNN International’s “Quest Means Business,” Professor of Economics at Harvard University and former International Monetary Fund Chief Economist Ken Rogoff said that while we’ve had tight monetary policy with extremely high interest rates, “our government spending fiscal
The market is convinced the Federal Reserve will start cutting rates in the first half of next year. That’s not as crazy as it sounds.
A near-majority of American voters believe that former President Donald Trump’s top economic focus is to bring down the prices of goods, which they say is their top concern, according to a poll. In contrast, under a quarter believe this is Biden’s chief economic goal.
Fed officials are likely to see the October jobs numbers as justifying a decision not to raise their interest rate target at their December meeting.
The Federal Reserve is falling behind the curve again.
Growth is up. Inflation is up. Job openings are up. The Fed’s interest rate target, however, is not.
Wall Street has not let go of its conviction that the Federal Reserve will cut interest rates next year.
On Monday’s broadcast of CNBC’s “Last Call,” host Brian Sullivan stated that higher interest rates due to Federal Reserve rate hikes are endangering new energy projects, which is a problem considering that large amounts of coal and natural gas production
The Federal Reserve is planning on staying “patient” at this week’s meeting of the Federal Open Market Committee.
Federal Reserve Chair Jerome Powell’s remarks today gave plenty of reason to believe that the Fed will not hike rates at its November 1 meeting.