U.S. 2-year Yield Tops 3%
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/28/2026
- Wall Street ends mixed as investors focus on tech earnings
- Nvidia in talks with OpenAI to guarantee $250 billion financing for data center, WSJ reports
- ASML and U.S. chip stocks sink on report of China’s DUV breakthrough
- Why is Bernstein bullish on memory stocks after Samsung, Nvidia deals?
- Oil prices settle at lowest in over a week, as US pauses attacks on Iran
JPMorgan Expects Fed's Powell To Reiterate Likelihood of 50bp Move in July Along with Downplay Potential for September Pause
June 13, 2022 8:04 AM EDTJPMorgan analyst Michael Feroli comments "At the conclusion of next weeks FOMC meeting we, and nearly everyone, expect that the Committee will raise the target range for the funds rate by 50bp to 1.25-1.5%. Since this has already been well telegraphed, the more interesting development will be what the updated interest rate forecast dots say about the path beyond June. In March the median FOMC participant projected a 22 year-end funds rate of 1.875%; we expect that next week this figure will be revised up to 2.625%. We expect that the... More
