Dollar Skyrockets on Hawkish Fed, Sterling Trailing Behind
The FOMC meeting turned out to me more hawkish than expected and markets are now pricing in four to five hikes this year, instead of three. Dollar was given a strong boost and surged broadly to end as the strongest...
Weekly Economic & Financial Commentary: The Hawks in Full Control at the Fed
Summary United States: Moderating Growth and a More Aggressive Fed The economy had the wind at its back in 2021 with generous fiscal policy and an accommodative Fed. Inflation and supply chains were the key obstacles. In light of a...
The Weekly Bottom Line: Fed Sets the Stage for Rates to Liftoff Soon
U.S. Highlights The Fed left the policy rate unchanged at this week’s FOMC meeting but signaled that a rate hike was imminent come March. Uncertainty on the pace of hikes post March remains elevated, contributing to stock market volatility this...
Week Ahead: Central Banks, Geopolitics, Earnings and NFP
Last week, the FOMC met and Powell delivered a hawkish press conference which turned up the fire under already volatile markets. Not to be overlooked, the Bank of Canada set the table for a rate hike in March as well. ...