Federal Reserve ‘more hawkish than expected’ as it pauses hikes
Jerome Powell indicated another hike this year is on the cards
Fed
-
-
Jackson Hole a ‘pivotal’ moment for central banks with policy set to diverge
Commentators have pondered the significance of the three-day meeting
-
Reaction: ECB approaching ‘cruising altitude’ following dovish statement and rate hike
ECB raises rates by 25 basis points
-
US inflation eases further than expected to 3%
Industry commentators still expect a final 25 bps increase at the next FOMC meeting
-
US regulators appoint BlackRock to sell SVB and Signature Bank portfolios
Securities worth $87bn and $27bn respectively to be brought to market
-
SVB collapse brings Fed rate hiking pause into play
As HSBC rescues the bank’s UK arm
-
BoE votes 7-2 to lift rates to 4% with further hikes likely
As the central bank acknowledges inflation has likely peaked
-
Weekly outlook: Central banks to keep hiking as Apple and Shell report
Key events for UK wealth managers for the week starting 30 January
-
Hawkish Fed remains in flight as US CPI keeps falling
‘Inflation still isn’t fully handled, and it’s easy for markets to get carried away’ warns one analyst
-
US inflation falls further than expected in October
With industry commentators split on what this means for future Fed hikes
-
Investor attentions turn to 2023 with another 75bps US rate hike ‘baked in’
The upcoming FOMC meeting is widely expected to result in a 3.75%-4% rise in the Fed funds rate
-
Weekly outlook: Priips debated; UK banks bonanza; and US Fed minutes
The key events for UK wealth managers for the week starting 18 February