Fed
The latest CapitalWire reporting and analysis tagged Fed.
Wall Street Extends Relief Rally as Fed Holds, but December Hike Keeps Risk Appetite in Check
U.S. equities closed higher after the Federal Reserve held rates at 3.75%-4.00%, but implied odds of a December hike near 78% kept the advance contained and flattened the yield curve.
Column: The Fed's Hawkish Turn Is a Supply-Shock Story, Not a Demand One
The death of the easing narrative this fall is rooted in an energy-driven supply shock, which means the Fed is tightening into an inflation it cannot directly control — a position that carries real risk for the real economy.
Fed Set for Hawkish Hold on Oct 28 as Markets Price a December Hike
The FOMC is expected to hold at 3.75%-4.00% on October 28, but futures put roughly 72%-80% odds on a further hike in December as CPI runs at 3.7% and the oil shock feeds through.
Opinion: The Neutral Rate Debate Is Missing the Point
Central bankers are arguing about a number they cannot observe. The more useful question is what the current policy stance is actually doing to the economy.
Global Equities Hold Gains as Central Bank Pivot Narrative Strengthens
World equity indices extended their advance for a fifth consecutive session, with investors leaning into the view that major central banks have completed their tightening cycle.
Fed Signals Patient Path as Committee Debates Neutral Rate
Federal Reserve officials used speeches this week to sketch a more patient approach to further easing, with several suggesting the neutral rate may be higher than previously estimated.