Powell needs a lot of rebound, inflation control-Mr. Jones-Bloomberg
Wealthier Paul Tudor Jones said the Federal Reserve Chairman Jerome Powell will struggle to curb inflation, resulting in difficulties for a wide range of financial assets. rice field. Jones, CEO of hedge fund manager Tudor Investment, said in an interview with CNBC yesterday that Powell “has a lot of need to catch up.” “We are […]
Fed Chair Powell says “additional rate hikes” if needed to curb inflation-Bloomberg
The Federal Reserve will act hesitantly if necessary to help control inflation and secure full employment, Powell said. However, he said the imbalance between supply and demand, which is pushing up prices, is expected to weaken. “If we need to take the time to raise additional rates, we will do so,” Powell said in a […]
Bitcoin falls below $ 40,000-the worst start of the year since trading-Bloomberg
Bitcoin, a cryptocurrency (virtual currency), fell on the 10th. It has fallen below $ 40,000 for the first time since September last year, making it the worst start of the year since the start of Bitcoin trading. Bitcoin was temporarily down 6.3% to $ 39,663 in the New York market. The decline since the beginning […]
US interest rate hike, view to start in March is rapidly strengthening-JP Morgan and other forecast changes-Bloomberg
The view that US financial authorities will start raising interest rates in March is rapidly increasing. In addition to the declining unemployment rate, the background is that it has been suggested again that financial authorities are willing to unwind stimulus measures in response to high inflation. A few weeks ago, very few expected a rate […]
Turkey’s underwater lira buying intervention-suggests a sharp drop in net foreign assets-Bloomberg
Earlier this week, Turkey’s President Erdogan announced plans to support the currency lira, with the country’s net foreign assets declining by $ 5.9 billion. Authorities may have intervened in the foreign exchange market under the hood. The government has denied intervention, but the sharp drop in net foreign assets probably suggests that a backdoor intervention […]
Raising Apple to the highest rating, with growth prospects-Moody’s-Bloomberg
Moody’s Investors Service, a US credit rating agency, raised the rating of Apple’s unsecured preferred bonds from the conventional “Aa1” to “Aaa” on the 21st. Apple received the highest rating among the S & P 500 stocks, along with Microsoft and Johnson & Johnson (J & J). Moody’s analyst Raj Joshi said in a statement, […]
Warning to bargain traders, falling after $ 30 billion inflow into US ETFs-Bloomberg
Bargain purchases have been rewarded virtually in all of the 2021 downturns, but have faced major headwinds here. The S & P 500 Index fell continuously on the 20th, falling more than 1% for the second consecutive business day in the past month. This year’s trend was that a 1% drop was regained the next […]
[5 books this morning]Carefully selected news to read at the beginning of work –Bloomberg
There is a dark cloud in the tax and spending bill that US President Joe Biden is aiming to pass. Democratic centrist Joe Manchin has expressed clear opposition to the bill on the 19th. If the bill, which is a signboard policy, gets stuck as it is, it will inevitably be a further blow to […]
Fed board member Waller may decide to raise rates at FOMC meeting in March-Bloomberg
Federal Reserve Board (FRB) Director Waller said the Federal Open Market Committee (FOMC) could decide to start raising rates at a meeting on March 15-16 at the earliest. .. At this week’s meeting, the FOMC decided to accelerate the pace of asset purchase contractions and end the program earlier than originally planned. The director gave […]
Major Central Banks Fighting Inflation Trials Low Bond Yields-Bloomberg
Investors are poised for a significant rise in global bond yields as the world’s major central banks digest a series of monetary policy meetings this week. The only problem left is the time. Investors say current bond yields seem too low if the central bank needs to accelerate the pace of rate hikes to strengthen […]
