Rise In Oil Prices Mars Fed Progress On Taming Inflation -- Market Talk

Like
Comment
Favorite

Rise In Oil Prices Mars Fed Progress On Taming Inflation -- Market Talk

Dow Jones2023-09-16

1504 ET - Ahead of the FOMC meeting next week, UBS says risks to a soft landing remain. "The steady rise in oil prices in recent weeks will lead to higher headline inflation, and being a highly visible price to consumers, may undo some of the progress made in reducing inflation expectations," says UBS Global Wealth Management's Mark Haefele. The chief investment officer adds that with inflation still above official targets it's unclear if or when the interest rate hikes will begin to have a larger effect. The CME's FedWatch tool suggests the Fed will hold rates steady on Wednesday, but the indicator prices in 30% odds of a hike in November. The dollar is off 0.2% against the euro, slightly higher against the yen and British pound. The ICE US dollar index off 0.1%. (patrick.sheridan@wsj.com)

(END) Dow Jones Newswires

September 15, 2023 15:04 ET (19:04 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

No comments yet

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2367644673?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-09-16 03:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2367644673","market":"us","top_or_hot":-1,"title":"Rise In Oil Prices Mars Fed Progress On Taming Inflation -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1504 ET - Ahead of the FOMC meeting next week, UBS says risks to a soft landing remain. \"The steady rise in oil prices in recent weeks will lead to higher headline inflation, and being a highly visible price to consumers, may undo some of the progress made in reducing inflation expectations,\" says UBS Global Wealth Management's Mark Haefele. The chief investment officer adds that with inflation still above official targets it's unclear if or when the interest rate hikes will begin to have a larger effect. The CME's FedWatch tool suggests the Fed will hold rates steady on Wednesday, but the indicator prices in 30% odds of a hike in November. The dollar is off 0.2% against the euro, slightly higher against the yen and British pound. The ICE US dollar index off 0.1%. (patrick.sheridan@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 15, 2023 15:04 ET (19:04 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Rise In Oil Prices Mars Fed Progress On Taming Inflation -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRise In Oil Prices Mars Fed Progress On Taming Inflation -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-16 03:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>1504 ET - Ahead of the FOMC meeting next week, UBS says risks to a soft landing remain. \"The steady rise in oil prices in recent weeks will lead to higher headline inflation, and being a highly ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4097","symbol_name":"系统软件","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2367644673","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2367644673","pubTimestamp":1694804640,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1504 ET - Ahead of the FOMC meeting next week, UBS says risks to a soft landing remain. \"The steady rise in oil prices in recent weeks will lead to higher headline inflation, and being a highly visible price to consumers, may undo some of the progress made in reducing inflation expectations,\" says UBS Global Wealth Management's Mark Haefele. The chief investment officer adds that with inflation still above official targets it's unclear if or when the interest rate hikes will begin to have a larger effect. The CME's FedWatch tool suggests the Fed will hold rates steady on Wednesday, but the indicator prices in 30% odds of a hike in November. The dollar is off 0.2% against the euro, slightly higher against the yen and British pound. The ICE US dollar index off 0.1%. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4097":"系统软件","BK4504":"桥水持仓","BK4588":"碎股","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","USB":"美国合众银行","BK4207":"综合性银行","LU2065732104.USD":"ALLSPRING (LUX) WF GLOBAL SMALL CAP EQUITY \"I\" (USD) ACC","PRGS":"Progress Software Corporation","BK4585":"ETF&股票定投概念","BK4559":"巴菲特持仓"},"translate_title":"油价上涨破坏美联储抑制通胀的进展——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PRGS":1,"USB":0.69},"content_text":"1504 ET - Ahead of the FOMC meeting next week, UBS says risks to a soft landing remain. \"The steady rise in oil prices in recent weeks will lead to higher headline inflation, and being a highly visible price to consumers, may undo some of the progress made in reducing inflation expectations,\" says UBS Global Wealth Management's Mark Haefele. The chief investment officer adds that with inflation still above official targets it's unclear if or when the interest rate hikes will begin to have a larger effect. The CME's FedWatch tool suggests the Fed will hold rates steady on Wednesday, but the indicator prices in 30% odds of a hike in November. The dollar is off 0.2% against the euro, slightly higher against the yen and British pound. The ICE US dollar index off 0.1%. (patrick.sheridan@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 15, 2023 15:04 ET (19:04 GMT)\n\n\n  Copyright (c) 2023 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}