18Likes
And 50 is back to being 50.
State Street Global Advisors chief investment strategist Michael Arone said the Federal Reserve delivered on its guidance and eased investors’ concerns about the path of its rate hiking.
He said Fed Chairman Jerome Powell soothed markets with his comments, including when he said a 75 basis point hike was not currently under consideration. The Fed raised interest rates by a half percent Wednesday afternoon, the biggest hike since the year 2000.
“I think there’s three things” in Powell’s comments, Arone said. “They’re not actively considering 75 basis points. There’s some evidence that inflation may have peaked. And thirdly, he acknowledged it won’t be easy but he thinks a soft landing is still possible because households, businesses and the labor markets remain in good shape.”
The chairman also said the Fed could consider 50 basis point hikes at the next couple of meetings, and Arone said it was a positive that Powell limited the half point hikes to two meetings.
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05-05-2022, 06:36 AM #1
May Interest Rate Hikes & Stocks
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05-05-2022, 07:10 AM #2
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05-05-2022, 07:28 AM #3
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05-05-2022, 08:08 AM #4
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05-05-2022, 08:45 AM #5
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05-05-2022, 10:24 AM #6
Fixed rate mortgages are now 2.75% for 20 years.
https://www.hkmc.com.hk/eng/our_busi...ge_scheme.html
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05-05-2022, 11:15 PM #7
Full retrace of the pump.
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05-05-2022, 11:27 PM #8
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06-05-2022, 08:40 AM #9
Hindsight is 20/20..
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06-05-2022, 08:46 AM #10
Originally Posted by shri:
Quote
in Financial Advisors: We have 20 years of experience in Asia and Australia and
in Drama and Acting: Rooftop Productions is a bi-lingual Hong Kong theatre company
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