wolfstreet.com / by Wolf Richter /Mar 20, 2017
Bondholders, savers, consumers to be put through inflation wringer.
Inflation will rise above target, and that’s OK, the Fed heads who’ve been talking since last week’s meeting said. The Fed will hike rates, maybe faster than expected, but they won’t catch up with inflation, keeping […]
wolfstreet.com / by Wolf Richter / Mar 2, 2017
This market (“Dow 30,000”) assures Fed rate hikes.
The two-year US Treasury yield just shot through 1.33%, the highest since June 2009, when it had briefly spiked from 1% to 1.42%. And that had been the highest since November 2008. It eventually hit a low of […]
mishtalk.com / Mike “Mish” Shedlock / February 22, 2017
Fed Minutes of the FOMC Meeting suggest rate hikes are coming “fairly soon”.
Let’s check out the market reaction and how mainstream media played up the minutes.
“In discussing the outlook for monetary policy over the period ahead, many participants expressed the […]
wallstreetexaminer.com / by Brian Maher via The Daily Reckoning / February 16, 2017
Janet Yellen’s announced plans to raise rates three times this year…
But could she actually deliver five?
A scandalous question no doubt. Three hikes are possible, and barely. Four’s over the top, and five is simply out of court. Five would kill […]
zerohedge.com / by Tyler Durden / Jan 10, 2017 12:35 PM
Just three months after Atlanta Fed president Dennis Lockhart announced he would step down as president effective February 28, moments ago another (non-voting) FOMC member, the uber-hawkish president of the Richmond Fed, Jeffrey Lacker, 61, also decided to call it quits as well, […]
zerohedge.com / by Tyler Durden / Jan 9, 2017 2:19 PM
Following last Friday’s disappointing payrolls report, the punditry was understandably focused on the silver lining: the 0.4% monthly jump in average hourly earnings, which translated into a 2.9% annual increase in hourly earnings – the hottest since the financial crisis. The strong increase […]
zerohedge.com / by Tyler Durden / Jan 5, 2017 11:44 AM
The dollar’s slump this morning may be the start of a much larger correction, according to Bloomberg’s Mark Cudmore.
It’s worth paying attention to the inability of both the dollar and U.S. yields to make the most of strong U.S. data this week.
zerohedge.com / by Eric Bush via Gavekal Capital blog / Dec 22, 2016 12:29 PM
The Fed has communicated that the plan for 2017 includes three rate hikes. The market isn’t quite buying into that plan yet.
According to Bloomberg’s WIRP function, the first meeting with over a 50% chance of a rate hike […]
schiffgold.com / BY SCHIFFGOLD / DECEMBER 21, 2016
According to a recent Financial Times survey, a majority of top economists predict the Fed won’t be as aggressive on raising interest rates as it suggests. After last week’s rate hike announcement, the Fed’s own dot plot showed it had planned for three federal funds increases […]
theeconomiccollapseblog.com / By Michael Snyder / December 14th, 2016
Now that Donald Trump has won the election, the Federal Reserve has decided now would be a great time to start raising interest rates and slowing down the economy. Over the past several decades, the U.S. economy has always slowed down whenever interest rates have […]
harveyorganblog.com / by harveyorgan / December 14, 2016
Gold at (1:30 am est) $1161.30 UP $4.60
silver at $17.15: UP 15 cents
Access market prices:
Today, the USA probably ignited their destruction and no doubt the entire globe. They have decided to raise rates which will cripple the emerging nations. China […]
mishtalk.com / Mike “Mish” Shedlock / December 14, 2016
Despite GDP rising, unemployment rate falling, and interest rates near zero, interest on the national debt has soared.
Here’s a quick chart to reflect on, given the consensus opinion there will be 3 rate hikes this year.
zerohedge.com / by Tyler Durden / Dec 14, 2016 2:08 PM
While the 25 bps rate hike was a given, the question on everyone’s mind was how many rate hikes does the Fed envision for 2017. The answer, somewhat surprisingly, is three, an increase of one compared to the September meeting.
This is median […]
zerohedge.com / by Tyler Durden / Dec 14, 2016 2:02 PM
With 100% chance of at least a 25bps hike (and 10% chance of 50bps), this was perhaps the most ‘priced in’ of any Fed meeting ever. Of course, it is not whether the Fed hikes or not at a given meeting that matters, […]
financialsense.com / BCA RESEARCH / 12/02/2016
From the US, the most likely catalyst for sharply higher bond yields will be the Fed signaling that it will adopt a quicker pace of rate hikes.
With inflation still below target and market-based measures of inflation compensation still depressed, the Fed will be in no rush to signal […]
zerohedge.com / by Tyler Durden / Nov 11, 2016 10:16 AM
Over 85,000 gold futures contracts (over $10 billion) just traded as gold plunged from $1260 to $1230 as US equity markets opened. This is the worst 7-day run for gold since November as Dec rate hikes were jawboned more likely.
schiffgold.com / BY SCHIFFGOLD / OCTOBER 21, 2016
Once again, the Fed is predicting a rate hike by the end of the year. The problem is they’re notoriously bad at predicting their own rate hikes.
The Fed’s Lackluster Success at Predicting Rate Hikes
At the start of 2016, Fed members had predicted more rate […]
zealllc.com / Adam Hamilton / September 23, 2016
Gold surged sharply this week after the Yellen Fed yet again chickened out on raising its benchmark interest rate. Gold-futures speculators’ irrational fear of Fed rate hikes has been a major drag on gold. And rate-hike risks just plummeted in the coming months, since the […]
schiffgold.com / BY SCHIFFGOLD / SEPTEMBER 6, 2016
After the last week’s lackluster jobs numbers were reported, gold futures got a big jump, halting a weekly decline. After the Bureau of Labor reported only 151,000 jobs were added last month, investors sought a safe haven in the yellow metal while hopes of a September rate […]
mishtalk.com / Mike “Mish” Shedlock / July 21, 2016
Atlanta Fed President Dennis Lockhart is once again yapping about multiple rate hikes this year.
“I wouldn’t rule out as many as two hikes” this year said Lockhart to reporters last week.
Recall that Lockhart made a speech to the Rotary Club […]
@RudyHavenstein @StockCats One brave Fed soul sees only 1 rate hike between now and 2018. The median Fed expectation is for 5 rate hikes.
— Mike Shedlock (@MishGEA) July 8, 2016
mishtalk.com / Mike “Mish” Shedlock / July 7, 2016
The market does not expect any rate hikes all the way […]
mishtalk.com / Mike “Mish” Shedlock / May 25, 2016
If the US economy is ready for rate hikes starting June, you certainly would not ascertain that fact from the service sector PMI.
Today the flash reading shows service growth is the weakest since 2009, barely above contraction.
The Markit Flash U.S. Services PMI™ shows […]
kingworldnews.com / May 18, 2016
With markets awaiting today’s release of the FOMC minutes, here is what the big money is watching.
A portion of today’s note from Art Cashin: I Was Just About To Say That – The key event of the day is likely to be the release of the most recent FOMC […]
zerohedge.com / by Tyler Durden on 05/06/2016 10:50
Moments ago it was Goldman, and now here is Bank of America, which until today had expected at least two hikes in 2016 but following “a string of disappointing data”, it too has thrown in the towel.
From the otherwise very cheerful Ethan Harris, so cheerful in […]
mishtalk.com / Mike “Mish” Shedlock / March 30, 2016
A “dot plot” of Fed-expected rate hikes vs. market-expected rate hikes shows convergence towards the market’s view.
In December, Fed Chair Janet Yellen expected four rate hikes this year. So did various Fed governors.
On March 21, Atlanta Fed president Dennis Lockhart went out on […]