Tag: monetary policy

  • Need in the office market is spreading to high-end buildings

    Defaults and vacancy rates in high-end office buildings are on the rise, the latest sign that remote working and rising interest rates are spreading pain to more corners of the commercial real estate market. For much of the pandemic, buildings in central locations with modern amenities outperformed their less expensive counterparts. Some were even able […]

  • US Treasury Bond Yields Ahead of Fed Interest Rate Decision

    US Treasury yields fell on Wednesday as investors awaited the Federal Reserve’s latest interest rate decision and central bank monetary policy guidance. At 5:48 a.m. ET, the 10-year Treasury yield was down 2 basis points to 3.587%. The 2-year Treasury was trading at 4.134% after falling about 4 basis points. Yields and prices move in […]

  • What the Fed’s next move means for mortgages, loans and credit cards

    The bar Americans must clear to get approved for loans and credit cards is likely to rise along with interest rates, due in part to the fallout from the collapse of Silicon Valley Bank. The Federal Reserve is expected to raise rates again on Wednesday, though some economists say it could go on hiatus this […]

  • ECB implements rate hike of half a point amid concerns about banks

    Last Updated: March 16, 2023 at 9:42 a.m. ET First published: March 16, 2023 at 9:20 a.m. ET The European Central Bank on Thursday went ahead with its plan to raise interest rates by 50 basis points or half a percentage point despite banking sector turmoil, warning that “inflation is expected to remain too high […]

  • Jitters in the banking sector could spell more pain for stocks as the Fed’s battle with inflation continues

    Aftershocks from the collapse of three US banks in less than a week could hurt stocks even more in the coming weeks by creating new obstacles for the Federal Reserve in its fight against inflation, market strategists say. U.S. authorities, including the Fed, Treasury and Federal Deposit Insurance Corp., jointly announced Sunday evening that Signature […]

  • Evercore warns that SVB outages will force the new market to bottom out

    Evercore ISI compares the banking stress to another critical time on Wall Street: the year of the savings and credit crisis and the epic crash. “To think that you would see this kind of financial stress building up in the system 24 hours later [Fed] chairman Powell suggested he could go 50 [basis points] on […]

  • Banking crisis calls into question Fed rate path

    There is a saying that the Federal Reserve raises interest rates until something breaks. A big surprise of the past year was that nothing broke. The situation could force Fed Chairman Jerome Powell and his colleagues to choose which issue the central bank needs. “We have always said that the only thing that could derail […]

  • Jobs report, bank failure complicates outlook on interest rates

    The February employment report does little to detract from the economic outlook for Federal Reserve officials, who are considering how much to raise interest rates at their upcoming meeting. But the bankruptcy of a California bank on Friday prompted investors on Wall Street to place their bets that the central bank would opt for a […]

  • investors await key jobs data

    US Treasury yields fell Friday as investors awaited key jobs data that could affect future interest rate decisions from the Federal Reserve. At 4:28 am ET, the 10-year Treasury was trading at 3.8354% after falling nearly nine basis points. The yield on the 2-year Treasury fell more than seven basis points to 4.8285%. Yields and […]

  • The Fed’s Jerome Powell says data will determine the size of the next rate hike

    WASHINGTON — Federal Reserve Chairman Jerome Powell said Wednesday that officials were keeping their options open about how much to raise interest rates this month after investors interpreted his comments Tuesday as suggesting a half-percentage point hike was likely. His remarks during two days of congressional hearings show how the central bank is considering a […]