The Fed Meeting Kicks Off Today. Inflation Concerns and a Slowing Economy Will Take Center Stage.

Barrons2021-07-27

As the Federal Open Market Committee begins its two-day policy meeting Tuesday, it confronts dual situations that call for diametrically opposite policy reactions. Inflation has risen substantially ...

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Comments

svchong
2021-07-28
svchong
Ok
- svchong:
  ok
Meshaarias72
2021-07-27
Meshaarias72
Like n comment pls
- BladeLiger:
  [微笑]
燃烧吧我的小宇宙
2021-07-27
燃烧吧我的小宇宙
Liked
- Meshaarias72:
  Y
WoShiMLH
2021-07-27
WoShiMLH
Like pls! Thank u!
KwokMeng
2021-07-27
KwokMeng
Going to a roller coaster ride for the market. Trade with caution ⚠️?
Kencom
2021-07-27
Kencom
Inflation is everyone concern which need to carefully managed. Financial bubble is detrimental to the stock markets which can eradicate a number of companies off the list.
- Traditional:
  bust

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Inflation Concerns and a Slowing Economy Will Take Center Stage.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 16:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/federal-reserve-meeting-this-week-51627342935?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As the Federal Open Market Committee begins its two-day policy meeting Tuesday, it confronts dual situations that call for diametrically opposite policy reactions. Inflation has risen substantially ...</p>\n\n<a href=\"https://www.barrons.com/articles/federal-reserve-meeting-this-week-51627342935?mod=hp_LATEST\">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":".IXIC","symbol_name":"NASDAQ Composite","start_time":0,"source_url":"https://www.barrons.com/articles/federal-reserve-meeting-this-week-51627342935?mod=hp_LATEST","article_id":"1156597463","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1156597463","pubTimestamp":1627376288,"columns":[],"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"As the Federal Open Market Committee begins its two-day policy meeting Tuesday, it confronts dual si","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"translate_title":"美联储会议今天开始。通胀担忧和经济放缓将成为焦点。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"As the Federal Open Market Committee begins its two-day policy meeting Tuesday, it confronts dual situations that call for diametrically opposite policy reactions. Inflation has risen substantially more than the monetary authorities had expected, which is weighing on consumers and approval ratings for President Joe Biden.\nAt the same time, the economy’s growth appears to be decelerating as spending on goods slows from its breakneck pace and the new burst of Covid-19 cases related to the Delta variant deters a recovery of spending on services. In particular, the much-anticipated return to the office by the millions still working at home may be pushed back, at least temporarily and perhaps permanently.\nWith the consumer-price index up 5.4% from a year ago, inflation is top of mind for consumers. As a result, 54% of Americans say the economy is in poor shape, according to a new Associated Press-NORC Center for Public Affairs Research poll.\nThe Federal Reserve still pins the price rises on transitory factors, to use the buzzword of the moment. Even so, increased costs are having a negative impact. Sales of new single-family homes fell to a 14-month low in June, the third straight monthly drop, as soaring prices for materials and labor hit both supplies and demand. The median price of a new home was 6.1% more expensive from a year ago, to $361,800.\nAs this column discussed this past weekend, the Fed is exacerbating home-price inflation with its purchases of $120 billion of securities a month. That consists of $80 billion of Treasuries and $40 billion of mortgage-backed securities. Some would-be home buyers are giving up on the fruitless quest to buy a house as prices soar, the New York Times reported, a spiral made worse by the Fed’s injection of liquidity into the mortgage market.\nAt the same time, the economy has passed its peak growth and is expected to decelerate significantly from here on to 2022.Goldman Sachs on Monday reduced its GDP forecast, in line with the consensus of economists to 6.6% for the full year of 2021, but to a sharply lower trajectory next year, back to the prepandemic trend rate of just 1.5% to 2%.\nThat comes as no surprise to David Rosenberg, founder and head of Rosenberg Research,who said recently that the economy looked set to slow dramatically after the burst of consumer spending on durable goods such as automobiles and home appliances and durable goods diminished.\nGoldman’s concern is a handoff from goods to services spending will be delayed or thwarted, especially as a slower return to offices continues to keep a lid on workers’ spending for commuting, work clothes and dry cleaning, and food away from home.\nChair Jerome Powell has said all along that Fed policy will depend on the path of the pandemic, which isn’t over, as shown by the upsurge of Covid cases and less than half the population vaccinated, Rosenberg wrote in an email. 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Thank u!","listText":"Like pls! Thank u!","text":"Like pls! Thank u!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809795369","repostId":1156597463,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":809799924,"gmtCreate":1627391862568,"gmtModify":1703488986749,"author":{"id":"3581769182401186","authorId":"3581769182401186","name":"KwokMeng","avatar":"https://static.tigerbbs.com/790a9b3a4d108ba92f4d9a18efdaaf86","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3581769182401186","authorIdStr":"3581769182401186"},"htmlText":"Going to a roller coaster ride for the market. Trade with caution ⚠️?","listText":"Going to a roller coaster ride for the market. Trade with caution ⚠️?","text":"Going to a roller coaster ride for the market. Trade with caution ⚠️?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/809799924","repostId":1156597463,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":809701708,"gmtCreate":1627391360004,"gmtModify":1703488976927,"author":{"id":"4088748055325860","authorId":"4088748055325860","name":"Kencom","avatar":"https://community-static.tradeup.com/news/bcaa9548fb78e0409a2827c590935dab","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"4088748055325860","authorIdStr":"4088748055325860"},"htmlText":"Inflation is everyone concern which need to carefully managed. Financial bubble is detrimental to the stock markets which can eradicate a number of companies off the list.&nbsp;","listText":"Inflation is everyone concern which need to carefully managed. Financial bubble is detrimental to the stock markets which can eradicate a number of companies off the list.&nbsp;","text":"Inflation is everyone concern which need to carefully managed. Financial bubble is detrimental to the stock markets which can eradicate a number of companies off the list.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/809701708","repostId":1156597463,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5347071,"gmtCreate":1627391653967,"gmtModify":1663231573638,"authorId":3581163681857144,"author":{"id":3581163681857144,"idStr":"3581163681857144","authorId":3581163681857144,"name":"Traditional","avatar":"https://static.tigerbbs.com/e21bbe8b2221458a17315a97b552ef2e","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":809701708,"type":1,"supId":0,"prevId":0,"content":"bust","text":"bust","html":"bust"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":87,"commentSize":12,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1156597463"}