Markets Still Underestimating Potential Tightening by Fed -- Market Talk

Dow Jones05-29 11:21

0321 GMT - Markets are likely still underestimating the possibility of additional tightening by the Federal Reserve, says Blerina Uruci, Chief U.S. economist at T. Rowe Price. Since early May, the Iran conflict has persisted longer than expected, oil has moved higher, U.S. growth has remained resilient and signs of inflation from China have strengthened, Uruci says in a note. While the Fed can look through a temporary energy shock, persistent oil and import-price pressures risk affecting inflation expectations, wage dynamics and firms' pricing behavior. Uruci shifts her main view to no change in the fed funds rate over the next 12 months. She assigns a 45% probability to rates remaining unchanged, a 35% probability to hikes by year-end or early 2027, and a 20% probability to cuts. (monica.gupta@wsj.com)

(END) Dow Jones Newswires

May 28, 2026 23:21 ET (03:21 GMT)

At the request of the copyright holder, you need to log in to view this content

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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2639664560?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-29 11:21","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2639664560","market":"sg","top_or_hot":-1,"title":"Markets Still Underestimating Potential Tightening by Fed -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0321 GMT - Markets are likely still underestimating the possibility of additional tightening by the Federal Reserve, says Blerina Uruci, Chief U.S. economist at T. Rowe Price. Since early May, the Iran conflict has persisted longer than expected, oil has moved higher, U.S. growth has remained resilient and signs of inflation from China have strengthened, Uruci says in a note. While the Fed can look through a temporary energy shock, persistent oil and import-price pressures risk affecting inflation expectations, wage dynamics and firms' pricing behavior. Uruci shifts her main view to no change in the fed funds rate over the next 12 months. She assigns a 45% probability to rates remaining unchanged, a 35% probability to hikes by year-end or early 2027, and a 20% probability to cuts. (monica.gupta@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 28, 2026 23:21 ET (03:21 GMT)\n</p>\n<p>\n  Copyright (c) 2026 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>Markets Still Underestimating Potential Tightening by Fed -- 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\">\nMarkets Still Underestimating Potential Tightening by Fed -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-29 11:21</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0321 GMT - Markets are likely still underestimating the possibility of additional tightening by the Federal Reserve, says Blerina Uruci, Chief U.S. economist at T. Rowe Price. Since early May, the Iran conflict has persisted longer than expected, oil has moved higher, U.S. growth has remained resilient and signs of inflation from China have strengthened, Uruci says in a note. While the Fed can look through a temporary energy shock, persistent oil and import-price pressures risk affecting inflation expectations, wage dynamics and firms' pricing behavior. Uruci shifts her main view to no change in the fed funds rate over the next 12 months. She assigns a 45% probability to rates remaining unchanged, a 35% probability to hikes by year-end or early 2027, and a 20% probability to cuts. (monica.gupta@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 28, 2026 23:21 ET (03:21 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MUB","symbol_name":"美国市政债ETF-iShares","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2639664560","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2639664560","pubTimestamp":1780024860,"columns":[],"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":"0321 GMT - Markets are likely still underestimating the possibility of additional tightening by the Federal Reserve, says Blerina Uruci, Chief U.S. economist at T. Rowe Price. Since early May, the Iran conflict has persisted longer than expected, oil has moved higher, U.S. growth has remained resilient and signs of inflation from China have strengthened, Uruci says in a note. While the Fed can look through a temporary energy shock, persistent oil and import-price pressures risk affecting inflation expectations, wage dynamics and firms' pricing behavior. Uruci shifts her main view to no change in the fed funds rate over the next 12 months. She assigns a 45% probability to rates remaining unchanged, a 35% probability to hikes by year-end or early 2027, and a 20% probability to cuts. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MUB":"美国市政债ETF-iShares","VCSH":"美国短期公司债-Vanguard","SHY":"债券指数ETF-iShares Barclays 1-3年国债","VGSH":"美国短期国债ETF-Vanguard","KBE":"银行指数ETF-SPDR KBW","SKRE":"TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF","UUP":"美元ETF-PowerShares DB","VCIT":"美国中期公司债-Vanguard","BOND":"Pimco Total Return ETF","VGIT":"中期国债ETF-Vanguard","TLTW":"iShares 20+ Year Treasury Bond Buywrite Strategy ETF","DBND":"DoubleLine Opportunistic Bond ETF","HYG":"债券指数ETF-iShares iBoxx高收益公司债","TBIL":"US Treasury 3 Month Bill ETF","SCHO":"嘉信短期美国国债ETF","NGHT":"Nicholas Bitcoin and Treasuries AfterDark ETF","VGLT":"美国长期国债ETF-Vanguard","FAZ":"三倍做空金融ETF-Direxion","LQD":"债券指数ETF-iShares iBoxx投资级公司债","TLH":"iShares安硕10-20年国债ETF","JPST":"JPMorgan Ultra-Short Income ETF","BND":"债券指数ETF-Vanguard美国","PBDC":"Putnam Bdc Income ETF","UBT":"债券20+美国债-ProShares两倍做多","AGG":"债券指数ETF-iShares Barclays综合国债","MINT":"PIMCO Enhanced Short Maturity Exchange-Traded Fund","TBT":"债券20+美国债指数ETF-ProShares两倍做空","GOVT":"iShares安硕核心美国国债ETF","IEI":"iShares Barclays 3-7 Year Trea","GBIL":"Goldman Sachs Access Treasury 0-1 Year ETF","USHY":"iShares Broad USD High Yield Corporate Bond ETF","BIL":"债券指数ETF-SPDR Barclays美国1-3月国债","GOLY":"Strategy Shares Gold Enhanced Yield ETF","TYO":"3倍做空7-10年期国债ETF-Direxion","SHV":"美国短期国债ETF-iShares","BOXX":"ALPHA ARCHITECT 1-3 MONTH BOX ETF","TIP":"通胀债券指数ETF-iShares Barclays","EDV":"美国延期国债ETF-Vanguard","BSV":"短期国债指数ETF-Vanguard","TMF":"3倍做多20年期以上国债ETF-Direxion","UDN":"做空美元指数-PowerShares","ZROZ":"PIMCO 25+ Year Zero Coupon U.S"},"translate_title":"市场仍低估美联储潜在的紧缩政策——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IEI":1.5,"VCSH":1.5,"UBT":1.5,"JPST":1.5,"SHV":1.5,"GOLY":1.5,"USHY":1.5,"VCIT":1.5,"BOXX":1.5,"NGHT":1.5,"VGLT":1.5,"UDN":1.5,"TBIL":1.5,"MUB":1.5,"BIL":1.5,"PBDC":1.5,"SCHO":1.5,"GOVT":1.5,"SKRE":1.5,"BSV":1.5,"US5Y.BOND":1.5,"US6M.BOND":1.5,"US2Y.BOND":1.5,"MINT":1.5,"US3Y.BOND":1.5,"VGIT":1.5,"ZROZ":1.5,"UUP":1.5,"TLTW":1.5,"US30Y.BOND":1.5,"TYO":1.5,"DBND":1.5,"FAZ":1.5,"SHY":1.5,"US12M.BOND":1.5,"VGSH":1.5,"TBT":1.5,"BND":1.5,"BOND":1.5,"HYG":1.5,"KBE":1.5,"TLH":1.5,"US7Y.BOND":1.5,"US10Y.BOND":1.5,"TIP":1.5,"EDV":1.5,"TMF":1.5,"GBIL":1.5,"AGG":1.5,"LQD":1.5},"content_text":"0321 GMT - Markets are likely still underestimating the possibility of additional tightening by the Federal Reserve, says Blerina Uruci, Chief U.S. economist at T. Rowe Price. Since early May, the Iran conflict has persisted longer than expected, oil has moved higher, U.S. growth has remained resilient and signs of inflation from China have strengthened, Uruci says in a note. While the Fed can look through a temporary energy shock, persistent oil and import-price pressures risk affecting inflation expectations, wage dynamics and firms' pricing behavior. Uruci shifts her main view to no change in the fed funds rate over the next 12 months. She assigns a 45% probability to rates remaining unchanged, a 35% probability to hikes by year-end or early 2027, and a 20% probability to cuts. (monica.gupta@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 28, 2026 23:21 ET (03:21 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","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,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"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,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.3","shortVersion":"4.42.3","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/2639664560","isCrawlerRequest":true}