Fed sending 'bit more of a hawkish message' than expected: Analyst

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

The Federal Reserve decided to hold interest rates steady in September. Sonia Meskin, BNY Mellon Investment Management Head of US Macro, and Michael Kushma, Morgan Stanley Investment Management Management CIO of Broad Markets Fixed Income, join Yahoo Finance Live to discuss the Fed’s decision. Kushma explains that the FOMC's statement reiterates the 'idea of a very soft landing kind of economy, with the unemployment rate… forecast being brought down, growth being upgraded significantly for this year and next year.' “I do think this is a bit of a hawkish message and it reinforces the concern in the committee that they may have to do more to get inflation back down to two percent, as patient as they would like to be into 2026,' Meskin says. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Kokeile Lectinect Vatsaa ilmaiseksi* 30 päivän ajan!Both stocks have a good chance of doubling your investments within the next eight years, especially if you're able to buy on dips! The post Double Your Investment: The Canadian Stocks You Can’t Afford to Miss appeared first on The Motley Fool Canada.

-- A Bank of Canada official said she sees evidence higher rates are working to cool the economy, blaming a hotter-than-expected inflation reading on monthly volatility driven in part by energy and rental costs.Most Read from BloombergVegas’ Newest Resort Is a $3.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Morgan Stanley sued for $750 million by lenders to rail line, who claim fraudMorgan Stanley was sued on Monday for at least $750 million by private equity firms that claimed they were defrauded in an investment with a high-speed rail company. In a complaint filed in a New York state court in Manhattan, affiliates of Certares Management and Knighthead Capital Management accused Morgan Stanley of breach of contract and fraud for unlawfully restructuring a transaction in which they had invested in a loan to Brightline Holdings. Brightline, backed by private equity firm Fortress Investment Group and also a defendant, operates a rail system in Florida and is developing a rail line between Los Angeles and Las Vegas.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »