Goldman Sachs Expects ECB to Hike by 75bp in September

Morgan Stanley's Mike Wilson Says US Equity Investors Should 'Braced for More Pain' - BBG

Mike Wilson, Morgan Stanley's chief US equity strategist and investment officer, told Bloomberg Markets on Wednesday that US equity investors should be prepared for more pain, with indexes yet to hit their low for the year.

While he stated that June was probably the low for the average... More

Fed's Mester: interest rates need to rise 'somewhat above' 4%

(Reuters) - The U.S. Federal Reserve will need to raise interest rates somewhat above 4% by early next year and then hold them there in order to bring too high inflation back down to the central bank's goal, Cleveland Federal Reserve Bank President Loretta Mester said on Wednesday.

"My current view is... More

Fed's Mester says we need to raise the policy rate 'somewhat above 4%' by early next year

Fed's Mester says we need to raise the policy rate 'somewhat above 4%' by early next year.

Global S&P Futures mixed in premarket

Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $92, natural gas mixed, gold at $1732 an ounce

Fed's Williams: no rate cuts expected next year

(Reuters) - New York Federal Reserve Bank President John Williams on Tuesday said he believes the central bank will raise its policy rate high enough to restrict growth and bring down inflation, and will then need to hold it there through the end of 2023.

"From my perspective... More

Fed officials see U.S. interest rates rising further

By Ann Saphir and Lindsay Dunsmuir

(Reuters) - U.S. Federal Reserve officials on Tuesday reiterated their support for further interest-rate hikes to quell inflation, with the influential chief of the New York Fed saying the central bank will likely need to get its policy rate "somewhat above" 3.5% and keep it there through the end of 2023.

"I see us needing to kind of hold a policy stance - pushing inflation down, bringing demand and supply into alignment - it's going to take longer, will continue through next year," New York Fed chief John Williams told the Wall... More

Fed's Williams said we will need restrictive policy for some time

Fed's Williams said we will need restrictive policy for some time

Fed could 'dial back' 75-basis-point hikes if inflation slows, Bostic says

WASHINGTON (Reuters) - The Federal Reserve could have reason to 'dial back' from its 75-basis-point interest rate hikes if new data shows inflation "clearly" slowing, Atlanta Fed President Raphael Bostic said in an essay published on Tuesday.

"I don't think we are done tightening. Inflation remains too high," Bostic wrote in the essay published on the regional bank's website. "That said,... More