Banxico holds key interest rate at 11.25%, keeps hawkish bias
By Brendan O’Boyle and Anthony Esposito MEXICO CITY (Reuters) -The Bank of Mexico’s five-member board unanimously held the key interest rate at 11.25% for a sixth straight monetary policy meeting on Thursday,…
TSX hits 5-week low as Fed’s hawkish stance fuels recession worries
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index slumped to a five-week low on Thursday, with the technology and materials groups leading broad-based declines, as investors were unable to see…
Wall Street opens lower on angst over hawkish Fed
(Reuters) – Wall Street’s main indexes opened lower on Thursday as the Federal Reserve’s guidance to stick to protracted policy tightening quelled hopes of the rate-hike cycle ending anytime soon. The Dow…
U.S. Fed policy now more hawkish than policy rules suggest is needed
By Michael S. Derby (Reuters) – Federal Reserve interest rate policy has moved beyond the level called for by commonly followed monetary policy rules, according to a report released on Thursday by…
Marketmind: How to be hawkish by J.Powell
By Wayne Cole SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. So Tuesday’s bout of post-pandemic euphoria in Chinese markets has cooled today,…
Banks raise Fed terminal rate forecasts after Powell’s hawkish tone
By Caroline Valetkevitch NEW YORK (Reuters) – Investors and strategists are ramping up expectations for how much the Federal Reserve will raise interest rates in its effort to bring down inflation in…
U.S. yields climb as hawkish Fed concerns outweigh weaker economic data
By Davide Barbuscia NEW YORK (Reuters) – U.S. Treasury yields climbed on Monday as investors remained concerned the Federal Reserve would maintain its ultra hawkish stance on fighting inflation despite economic data…
Hawkish Fed may prompt India’s RBI to deliver a 50-basis-point hike
By Swati Bhat MUMBAI (Reuters) – Interest rate hikes in the United States and the resultant pressure on the rupee is likely to give the Reserve Bank of India (RBI) reason to…
Investors see no Fed pivot, brace for hawkish Powell message in Jackson Hole
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Investors are bracing for the Federal Reserve to double down on its commitment to crushing inflation, and expect its chair Jerome Powell at the annual…
Global markets quake as central banks grow more hawkish
By Saqib Iqbal Ahmed, Tom Westbrook and Dhara Ranasinghe NEW YORK – Expectations for how drastically central banks need to tighten monetary policy to fight soaring inflation have taken another leap higher,…
Asia FX bears hit record high on hawkish Fed, China growth worries: Reuters poll
By Shashwat Awasthi and Savyata Mishra (Reuters) – Bearish bets on several Asian currencies hit a record high in the face of rising U.S. interest rates that supported the dollar, while repeated…
Analysis-U.S. real rates up on hawkish Fed but inflation risk looms
By Davide Barbuscia NEW YORK – A jump in U.S. real yields back into positive territory is a sign that a hawkish Federal Reserve is succeeding in tightening some financial conditions, but…
Hawkish Fedspeak keeps dollar king, yen slumps to 20-year low
By Kevin Buckland TOKYO – The dollar rose to a two-decade peak against the yen and kept close to a two-year high to the euro on Friday, as more hawkish comments from…
Gold eases as dollar, yields rise after hawkish Fed minutes
By Asha Sistla (Reuters) – Gold inched lower in range-bound trade on Thursday, as the dollar and yields gained after the U.S. Federal Reserve reiterated its aggressive stance to combat inflation, while…
Stock rebound wobbles as investors zero in on hawkish Fed
By Saqib Iqbal Ahmed NEW YORK – The rebound that saw U.S. stocks surge from last month’s lows has started to falter, as investors factor in faster monetary policy tightening by the…
U.S. dollar to stay dominant so long as Fed stays hawkish: Reuters poll
By Hari Kishan and Shrutee Sarkar BENGALURU – The U.S. dollar will remain dominant for now so long as the Federal Reserve stays a hawkish course on interest rate hikes and its…
Goldman raises U.S. Treasury yield forecasts on more hawkish Fed
– Goldman Sachs said on Thursday that it has raised its forecasts on U.S. Treasury yields for this year, citing more broad-based and persistent price pressures and a more hawkish pivot by…
Mexico central bank hikes key rate, still hawkish under new leadership
MEXICO CITY -Mexico’s central bank on Thursday raised its benchmark interest rate as expected by 50 basis points to 6.00%, a sixth straight rate increase, as policymakers sought to keep price pressures…
Investors gird for more hawkish Fed after sharp inflation rise
By Devik Jain, Davide Barbuscia and Chuck Mikolajczak NEW YORK – Investors were bracing for more market volatility after a sharper-than-expected rise in consumer prices ramped up expectations for how aggressively the…
Deutsche Bank advises clients to buy euros after ECB hawkish pivot
LONDON – Deutsche Bank closed its short trade on the euro and recommended clients to enter into a long euro/dollar trade on Thursday after the European Central Bank acknowledged the bloc’s inflationary…
U.S. corporate bond spreads widen as investors de-risk on hawkish Fed
By Davide Barbuscia NEW YORK – Investors sold U.S. corporate high-yield and investment-grade bonds on Friday, moving in step with weakness in equity markets and in a sign of risk aversion amid…
Banks scramble to change Fed rate calls after hawkish shift
By Saikat Chatterjee SINGAPORE -Strategists at the world’s top investment banks scrambled to change their Federal Reserve rate calls on Thursday after policymakers emphasised at a policy meeting that it would tighten…
Rate traders see risk of more than four U.S. Fed hikes this year after hawkish Powell
– Hawkish comments from Federal Reserve Chair Jerome Powell on Wednesday have led short-term interest rate traders to begin pricing for the possibility that the U.S. central bank could raise rates more…
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