Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting

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Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting

Bloomberg2022-01-27

FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...

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YMCheah
·2022-01-27
Like pls, thks
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SK19
·2022-01-27
A nice script before the end of year mid-term election 😅
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Natlim77
·2022-01-27
Ouch sighh
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Road1Warrior
·2022-01-27
If this Fed is being graded like in the university, i am sure that it has a failing grade since 2006. The measure taken was too much and too long and it created the biggest bubbles of all time and now even u have to nimble. I am sure u r well aware the creature that you have created and it might juat turn its head and bite your head off. So please dont be an idiots just because u have graduated and not worry to be graded for your lousy job done so far. In the other hand, investor should be wise and don't trust everything said or written. Be mindful and careful when u invest.
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LimLS
·2022-01-27
Powell speech is hawkish today. But the chance of hike at every FOMC is low. It's more like a statement to prepare the market for the worst but he will not follow thru, thus giving the market something to cheer about when there is actually not that many hikes. So we think it's still 4 hikes for 2022. Hopefully inflation comes down later this year so it will not forced Fed to drastic measures.
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JLKang
·2022-01-27
Inflation is coming strong
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WaiSiong81
·2022-01-27
👍
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goldenboy
·2022-01-27
[OMG]
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FT585
·2022-01-27
Like
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4
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adonis123
·2022-01-27
Bring it on
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K74
·2022-01-27
Okay
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Dragonth29
·2022-01-27
👍🏻
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robot1234
·2022-01-27
Federal Reserve points to interest rate hike coming in March. Dow falls about 130 points in another day of wild swings as Fed signals rate hikes ahead to fight inflation. All three major indexes are decidedly negative in January. The Nasdaq is in correction territory, down more than 16% from its intraday high and off 13% for the month. The S&P 500 is down more than 8% to start the year and nearly 10% off its high.
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Derrick7
·2022-01-27
Like [Miser]
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IAS
·2022-01-27
Quite clear what's happening in March alrdy
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Jess261
·2022-01-27
Oh
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PearlynCSY
·2022-01-27
The Federal Reserve on Wednesday provided the clearest hint yet that it could start raising interest rates as soon as March. Fed Chairman Jerome Powell said asset purchases also are likely to halt in March. All three major indexes are decidedly negative in January. The Nasdaq is in correction territory, down more than 16% from its intraday high and off 13% for the month. The S&P 500 is down more than 8% to start the year and nearly 10% off its high.
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bucky
·2022-01-27
Nice good 👍
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koolgal
·2022-01-27
Jerome Powell is certainly Hawkish today and it is almost certain that March will see an interest rate rise. It is important for him to ensure that inflation is under control. 🤔
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SSVC
·2022-01-27
Already made known
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Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9099909113,"gmtCreate":1643285716367,"gmtModify":1676533796372,"author":{"id":"4093412032856690","authorId":"4093412032856690","name":"YMCheah","avatar":"https://community-static.tradeup.com/news/8c6bc88c9b9cd996e3220b4fce094f37","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"Like pls, thks","listText":"Like pls, thks","text":"Like pls, thks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9099909113","repostId":1134268054,"repostType":4,"repost":{"id":"1134268054","pubTimestamp":1643237610,"share":"https://www.laohu8.com/m/news/1134268054?lang=&edition=full","pubTime":"2022-01-27 06:53","market":"us","language":"en","title":"Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268054","media":"Bloomberg","summary":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after lif","content":"<html><head></head><body><ul><li>FOMC says interest-rate hike will ‘soon be appropriate’</li><li>Balance-sheet reduction to commence after liftoff begins</li></ul><p>Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.</p><p>“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”</p><p>He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.</p><p>In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.</p><p>The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.</p><p><img src=\"https://static.tigerbbs.com/9db24675e185f9d057d677ed3906f054\" tg-width=\"969\" tg-height=\"543\" width=\"100%\" height=\"auto\"/></p><p>The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.</p><p>“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”</p><p>A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.</p><p>“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”</p><p>The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.</p><p>Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.</p><p>They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”</p><p>The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.</p><p>In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.</p><p>The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.</p><p>Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.</p><p>The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.</p><p>In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.</p><p>Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting</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; 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}\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\">\nPowell Backs March Liftoff, Won’t Rule Out Hike Every Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-27 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268054","content_text":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9099074554,"gmtCreate":1643285388614,"gmtModify":1676533796315,"author":{"id":"3577755293052640","authorId":"3577755293052640","name":"SK19","avatar":"https://static.tigerbbs.com/ee6b25332525b16399562f21677fa1cd","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"A nice script before the end of year&nbsp;mid-term election 😅","listText":"A nice script before the end of year&nbsp;mid-term election 😅","text":"A nice script before the end of year mid-term election 😅","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9099074554","repostId":1134268054,"repostType":4,"repost":{"id":"1134268054","pubTimestamp":1643237610,"share":"https://www.laohu8.com/m/news/1134268054?lang=&edition=full","pubTime":"2022-01-27 06:53","market":"us","language":"en","title":"Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268054","media":"Bloomberg","summary":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after lif","content":"<html><head></head><body><ul><li>FOMC says interest-rate hike will ‘soon be appropriate’</li><li>Balance-sheet reduction to commence after liftoff begins</li></ul><p>Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.</p><p>“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”</p><p>He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.</p><p>In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.</p><p>The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.</p><p><img src=\"https://static.tigerbbs.com/9db24675e185f9d057d677ed3906f054\" tg-width=\"969\" tg-height=\"543\" width=\"100%\" height=\"auto\"/></p><p>The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.</p><p>“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”</p><p>A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.</p><p>“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”</p><p>The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.</p><p>Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.</p><p>They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”</p><p>The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.</p><p>In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.</p><p>The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.</p><p>Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.</p><p>The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.</p><p>In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.</p><p>Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting</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; 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}\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\">\nPowell Backs March Liftoff, Won’t Rule Out Hike Every Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-27 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268054","content_text":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090787204,"gmtCreate":1643269370885,"gmtModify":1676533792499,"author":{"id":"3579335441800482","authorId":"3579335441800482","name":"Natlim77","avatar":"https://static.tigerbbs.com/c82042709510e13bdab39a926403d5fe","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Ouch sighh","listText":"Ouch sighh","text":"Ouch sighh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090787204","repostId":1134268054,"repostType":4,"repost":{"id":"1134268054","pubTimestamp":1643237610,"share":"https://www.laohu8.com/m/news/1134268054?lang=&edition=full","pubTime":"2022-01-27 06:53","market":"us","language":"en","title":"Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268054","media":"Bloomberg","summary":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after lif","content":"<html><head></head><body><ul><li>FOMC says interest-rate hike will ‘soon be appropriate’</li><li>Balance-sheet reduction to commence after liftoff begins</li></ul><p>Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.</p><p>“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”</p><p>He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.</p><p>In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.</p><p>The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.</p><p><img src=\"https://static.tigerbbs.com/9db24675e185f9d057d677ed3906f054\" tg-width=\"969\" tg-height=\"543\" width=\"100%\" height=\"auto\"/></p><p>The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.</p><p>“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”</p><p>A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.</p><p>“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”</p><p>The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.</p><p>Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.</p><p>They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”</p><p>The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.</p><p>In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.</p><p>The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.</p><p>Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.</p><p>The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.</p><p>In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.</p><p>Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting</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; 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}\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\">\nPowell Backs March Liftoff, Won’t Rule Out Hike Every Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-27 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268054","content_text":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090799797,"gmtCreate":1643258125165,"gmtModify":1676533791571,"author":{"id":"4098084219326670","authorId":"4098084219326670","name":"Road1Warrior","avatar":"https://community-static.tradeup.com/news/444bc0aeceab5292f15cd24cd37ab6c3","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":4,"crmLevelSwitch":1},"htmlText":"If this Fed is being graded like in the university,&nbsp; i am sure that it has a failing grade since 2006.&nbsp; The measure taken was too much and too long and it created the biggest bubbles of all time and now even u have to nimble.&nbsp; &nbsp;I am sure u r well aware the creature that you have created and it might juat turn its head and bite your head off.&nbsp; So please dont be an idiots just because u have graduated and not worry to be graded for your lousy job done so far.&nbsp; In the other hand, investor should be wise and don't trust everything said or written.&nbsp; Be mindful and careful when u invest.&nbsp;","listText":"If this Fed is being graded like in the university,&nbsp; i am sure that it has a failing grade since 2006.&nbsp; The measure taken was too much and too long and it created the biggest bubbles of all time and now even u have to nimble.&nbsp; &nbsp;I am sure u r well aware the creature that you have created and it might juat turn its head and bite your head off.&nbsp; So please dont be an idiots just because u have graduated and not worry to be graded for your lousy job done so far.&nbsp; In the other hand, investor should be wise and don't trust everything said or written.&nbsp; Be mindful and careful when u invest.&nbsp;","text":"If this Fed is being graded like in the university, i am sure that it has a failing grade since 2006. The measure taken was too much and too long and it created the biggest bubbles of all time and now even u have to nimble. I am sure u r well aware the creature that you have created and it might juat turn its head and bite your head off. So please dont be an idiots just because u have graduated and not worry to be graded for your lousy job done so far. In the other hand, investor should be wise and don't trust everything said or written. Be mindful and careful when u invest.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090799797","repostId":1134268054,"repostType":4,"repost":{"id":"1134268054","pubTimestamp":1643237610,"share":"https://www.laohu8.com/m/news/1134268054?lang=&edition=full","pubTime":"2022-01-27 06:53","market":"us","language":"en","title":"Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268054","media":"Bloomberg","summary":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after lif","content":"<html><head></head><body><ul><li>FOMC says interest-rate hike will ‘soon be appropriate’</li><li>Balance-sheet reduction to commence after liftoff begins</li></ul><p>Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.</p><p>“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”</p><p>He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.</p><p>In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.</p><p>The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.</p><p><img src=\"https://static.tigerbbs.com/9db24675e185f9d057d677ed3906f054\" tg-width=\"969\" tg-height=\"543\" width=\"100%\" height=\"auto\"/></p><p>The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.</p><p>“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”</p><p>A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.</p><p>“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”</p><p>The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.</p><p>Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.</p><p>They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”</p><p>The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.</p><p>In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.</p><p>The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.</p><p>Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.</p><p>The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.</p><p>In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.</p><p>Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting</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; 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}\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\">\nPowell Backs March Liftoff, Won’t Rule Out Hike Every Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-27 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268054","content_text":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090709820,"gmtCreate":1643255452803,"gmtModify":1676533791255,"author":{"id":"3572923586954779","authorId":"3572923586954779","name":"LimLS","avatar":"https://static.tigerbbs.com/217b03b0c4808fb537070ba4e8f9d83f","vip":1,"crmLevel":5,"crmLevelSwitch":1},"htmlText":"Powell speech is hawkish today. But the chance of hike at every FOMC is low. It's more like a statement to prepare the market for the worst but he will not follow thru, thus giving the market something to cheer about when there is actually not that many hikes. So we think it's still 4 hikes for 2022. Hopefully inflation comes down later this year so it will not forced Fed to drastic measures.","listText":"Powell speech is hawkish today. But the chance of hike at every FOMC is low. It's more like a statement to prepare the market for the worst but he will not follow thru, thus giving the market something to cheer about when there is actually not that many hikes. So we think it's still 4 hikes for 2022. Hopefully inflation comes down later this year so it will not forced Fed to drastic measures.","text":"Powell speech is hawkish today. But the chance of hike at every FOMC is low. It's more like a statement to prepare the market for the worst but he will not follow thru, thus giving the market something to cheer about when there is actually not that many hikes. So we think it's still 4 hikes for 2022. Hopefully inflation comes down later this year so it will not forced Fed to drastic measures.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090709820","repostId":1134268054,"repostType":4,"repost":{"id":"1134268054","pubTimestamp":1643237610,"share":"https://www.laohu8.com/m/news/1134268054?lang=&edition=full","pubTime":"2022-01-27 06:53","market":"us","language":"en","title":"Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268054","media":"Bloomberg","summary":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after lif","content":"<html><head></head><body><ul><li>FOMC says interest-rate hike will ‘soon be appropriate’</li><li>Balance-sheet reduction to commence after liftoff begins</li></ul><p>Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.</p><p>“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”</p><p>He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.</p><p>In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.</p><p>The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.</p><p><img src=\"https://static.tigerbbs.com/9db24675e185f9d057d677ed3906f054\" tg-width=\"969\" tg-height=\"543\" width=\"100%\" height=\"auto\"/></p><p>The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.</p><p>“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”</p><p>A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.</p><p>“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”</p><p>The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.</p><p>Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.</p><p>They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”</p><p>The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.</p><p>In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.</p><p>The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.</p><p>Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.</p><p>The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.</p><p>In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.</p><p>Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting</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; 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}\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\">\nPowell Backs March Liftoff, Won’t Rule Out Hike Every Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-27 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268054","content_text":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090472044,"gmtCreate":1643254011730,"gmtModify":1676533791136,"author":{"id":"4094622337222610","authorId":"4094622337222610","name":"JLKang","avatar":"https://static.tigerbbs.com/33ab643c577c9cadc6055155d6382c3a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Inflation is coming strong&nbsp;","listText":"Inflation is coming strong&nbsp;","text":"Inflation is coming strong","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090472044","repostId":1134268054,"repostType":4,"repost":{"id":"1134268054","pubTimestamp":1643237610,"share":"https://www.laohu8.com/m/news/1134268054?lang=&edition=full","pubTime":"2022-01-27 06:53","market":"us","language":"en","title":"Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268054","media":"Bloomberg","summary":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after lif","content":"<html><head></head><body><ul><li>FOMC says interest-rate hike will ‘soon be appropriate’</li><li>Balance-sheet reduction to commence after liftoff begins</li></ul><p>Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.</p><p>“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”</p><p>He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.</p><p>In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.</p><p>The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.</p><p><img src=\"https://static.tigerbbs.com/9db24675e185f9d057d677ed3906f054\" tg-width=\"969\" tg-height=\"543\" width=\"100%\" height=\"auto\"/></p><p>The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.</p><p>“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”</p><p>A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.</p><p>“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”</p><p>The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.</p><p>Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.</p><p>They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”</p><p>The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.</p><p>In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.</p><p>The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.</p><p>Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.</p><p>The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.</p><p>In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.</p><p>Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting</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; 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}\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\">\nPowell Backs March Liftoff, Won’t Rule Out Hike Every Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-27 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268054","content_text":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090441574,"gmtCreate":1643250974110,"gmtModify":1676533790833,"author":{"id":"4092698747642690","authorId":"4092698747642690","name":"WaiSiong81","avatar":"https://static.tigerbbs.com/81c10c8d3ad2387a719eaa62a541371f","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090441574","repostId":1134268054,"repostType":4,"repost":{"id":"1134268054","pubTimestamp":1643237610,"share":"https://www.laohu8.com/m/news/1134268054?lang=&edition=full","pubTime":"2022-01-27 06:53","market":"us","language":"en","title":"Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268054","media":"Bloomberg","summary":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after lif","content":"<html><head></head><body><ul><li>FOMC says interest-rate hike will ‘soon be appropriate’</li><li>Balance-sheet reduction to commence after liftoff begins</li></ul><p>Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.</p><p>“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”</p><p>He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.</p><p>In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.</p><p>The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.</p><p><img src=\"https://static.tigerbbs.com/9db24675e185f9d057d677ed3906f054\" tg-width=\"969\" tg-height=\"543\" width=\"100%\" height=\"auto\"/></p><p>The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.</p><p>“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”</p><p>A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.</p><p>“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”</p><p>The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.</p><p>Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.</p><p>They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”</p><p>The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.</p><p>In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.</p><p>The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.</p><p>Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.</p><p>The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.</p><p>In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.</p><p>Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting</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; 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}\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\">\nPowell Backs March Liftoff, Won’t Rule Out Hike Every Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-27 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268054","content_text":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090451200,"gmtCreate":1643248950949,"gmtModify":1676533790422,"author":{"id":"4090397709902260","authorId":"4090397709902260","name":"goldenboy","avatar":"https://community-static.tradeup.com/news/7b54f875974398ac18e7c50c708c3ad9","vip":1,"crmLevel":8,"crmLevelSwitch":1},"htmlText":"[OMG]&nbsp;","listText":"[OMG]&nbsp;","text":"[OMG]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090451200","repostId":1134268054,"repostType":4,"repost":{"id":"1134268054","pubTimestamp":1643237610,"share":"https://www.laohu8.com/m/news/1134268054?lang=&edition=full","pubTime":"2022-01-27 06:53","market":"us","language":"en","title":"Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268054","media":"Bloomberg","summary":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after lif","content":"<html><head></head><body><ul><li>FOMC says interest-rate hike will ‘soon be appropriate’</li><li>Balance-sheet reduction to commence after liftoff begins</li></ul><p>Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.</p><p>“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”</p><p>He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.</p><p>In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.</p><p>The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.</p><p><img src=\"https://static.tigerbbs.com/9db24675e185f9d057d677ed3906f054\" tg-width=\"969\" tg-height=\"543\" width=\"100%\" height=\"auto\"/></p><p>The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.</p><p>“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”</p><p>A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.</p><p>“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”</p><p>The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.</p><p>Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.</p><p>They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”</p><p>The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.</p><p>In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.</p><p>The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.</p><p>Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.</p><p>The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.</p><p>In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.</p><p>Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting</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; 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}\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\">\nPowell Backs March Liftoff, Won’t Rule Out Hike Every Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-27 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268054","content_text":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090453755,"gmtCreate":1643248767924,"gmtModify":1676533790406,"author":{"id":"3562726241279787","authorId":"3562726241279787","name":"FT585","avatar":"https://static.tigerbbs.com/734b50619b12425294cb4715814bdedb","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090453755","repostId":1134268054,"repostType":4,"repost":{"id":"1134268054","pubTimestamp":1643237610,"share":"https://www.laohu8.com/m/news/1134268054?lang=&edition=full","pubTime":"2022-01-27 06:53","market":"us","language":"en","title":"Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268054","media":"Bloomberg","summary":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after lif","content":"<html><head></head><body><ul><li>FOMC says interest-rate hike will ‘soon be appropriate’</li><li>Balance-sheet reduction to commence after liftoff begins</li></ul><p>Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.</p><p>“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”</p><p>He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.</p><p>In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.</p><p>The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.</p><p><img src=\"https://static.tigerbbs.com/9db24675e185f9d057d677ed3906f054\" tg-width=\"969\" tg-height=\"543\" width=\"100%\" height=\"auto\"/></p><p>The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.</p><p>“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”</p><p>A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.</p><p>“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”</p><p>The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.</p><p>Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.</p><p>They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”</p><p>The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.</p><p>In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.</p><p>The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.</p><p>Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.</p><p>The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.</p><p>In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.</p><p>Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting</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; 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}\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\">\nPowell Backs March Liftoff, Won’t Rule Out Hike Every Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-27 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268054","content_text":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090421476,"gmtCreate":1643247183613,"gmtModify":1676533790205,"author":{"id":"4087116753605820","authorId":"4087116753605820","name":"adonis123","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":3,"crmLevelSwitch":0},"htmlText":"Bring it on","listText":"Bring it on","text":"Bring it on","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090421476","repostId":1134268054,"repostType":4,"repost":{"id":"1134268054","pubTimestamp":1643237610,"share":"https://www.laohu8.com/m/news/1134268054?lang=&edition=full","pubTime":"2022-01-27 06:53","market":"us","language":"en","title":"Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268054","media":"Bloomberg","summary":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after lif","content":"<html><head></head><body><ul><li>FOMC says interest-rate hike will ‘soon be appropriate’</li><li>Balance-sheet reduction to commence after liftoff begins</li></ul><p>Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.</p><p>“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”</p><p>He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.</p><p>In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.</p><p>The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.</p><p><img src=\"https://static.tigerbbs.com/9db24675e185f9d057d677ed3906f054\" tg-width=\"969\" tg-height=\"543\" width=\"100%\" height=\"auto\"/></p><p>The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.</p><p>“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”</p><p>A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.</p><p>“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”</p><p>The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.</p><p>Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.</p><p>They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”</p><p>The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.</p><p>In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.</p><p>The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.</p><p>Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.</p><p>The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.</p><p>In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.</p><p>Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting</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; 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}\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\">\nPowell Backs March Liftoff, Won’t Rule Out Hike Every Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-27 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268054","content_text":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090423434,"gmtCreate":1643247027339,"gmtModify":1676533790197,"author":{"id":"3574026189533561","authorId":"3574026189533561","name":"K74","avatar":"https://community-static.tradeup.com/news/0915c1dbb625a1fab842a01a98e9f31a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Okay&nbsp;","listText":"Okay&nbsp;","text":"Okay","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090423434","repostId":1134268054,"repostType":4,"repost":{"id":"1134268054","pubTimestamp":1643237610,"share":"https://www.laohu8.com/m/news/1134268054?lang=&edition=full","pubTime":"2022-01-27 06:53","market":"us","language":"en","title":"Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268054","media":"Bloomberg","summary":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after lif","content":"<html><head></head><body><ul><li>FOMC says interest-rate hike will ‘soon be appropriate’</li><li>Balance-sheet reduction to commence after liftoff begins</li></ul><p>Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.</p><p>“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”</p><p>He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.</p><p>In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.</p><p>The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.</p><p><img src=\"https://static.tigerbbs.com/9db24675e185f9d057d677ed3906f054\" tg-width=\"969\" tg-height=\"543\" width=\"100%\" height=\"auto\"/></p><p>The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.</p><p>“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”</p><p>A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.</p><p>“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”</p><p>The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.</p><p>Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.</p><p>They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”</p><p>The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.</p><p>In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.</p><p>The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.</p><p>Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.</p><p>The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.</p><p>In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.</p><p>Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting</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; 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}\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\">\nPowell Backs March Liftoff, Won’t Rule Out Hike Every Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-27 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268054","content_text":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090420198,"gmtCreate":1643246622412,"gmtModify":1676533790130,"author":{"id":"4098446903447870","authorId":"4098446903447870","name":"Dragonth29","avatar":"https://static.tigerbbs.com/69e9d9573936448fe8451f1a31fdf212","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":3,"crmLevelSwitch":0},"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090420198","repostId":1134268054,"repostType":2,"repost":{"id":"1134268054","pubTimestamp":1643237610,"share":"https://www.laohu8.com/m/news/1134268054?lang=&edition=full","pubTime":"2022-01-27 06:53","market":"us","language":"en","title":"Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268054","media":"Bloomberg","summary":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after lif","content":"<html><head></head><body><ul><li>FOMC says interest-rate hike will ‘soon be appropriate’</li><li>Balance-sheet reduction to commence after liftoff begins</li></ul><p>Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.</p><p>“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”</p><p>He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.</p><p>In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.</p><p>The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.</p><p><img src=\"https://static.tigerbbs.com/9db24675e185f9d057d677ed3906f054\" tg-width=\"969\" tg-height=\"543\" width=\"100%\" height=\"auto\"/></p><p>The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.</p><p>“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”</p><p>A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.</p><p>“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”</p><p>The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.</p><p>Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.</p><p>They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”</p><p>The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.</p><p>In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.</p><p>The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.</p><p>Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.</p><p>The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.</p><p>In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.</p><p>Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting</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; 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}\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\">\nPowell Backs March Liftoff, Won’t Rule Out Hike Every Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-27 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268054","content_text":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090464879,"gmtCreate":1643246396294,"gmtModify":1676533790107,"author":{"id":"3561596430587504","authorId":"3561596430587504","name":"robot1234","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":6,"crmLevelSwitch":1},"htmlText":"Federal Reserve points to interest rate hike coming in March. Dow falls about 130 points in another day of wild swings as Fed signals rate hikes ahead to fight inflation. All three major indexes are decidedly negative in January. The Nasdaq is in correction territory, down more than 16% from its intraday high and off 13% for the month. The S&amp;P 500 is down more than 8% to start the year and nearly 10% off its high.","listText":"Federal Reserve points to interest rate hike coming in March. Dow falls about 130 points in another day of wild swings as Fed signals rate hikes ahead to fight inflation. All three major indexes are decidedly negative in January. The Nasdaq is in correction territory, down more than 16% from its intraday high and off 13% for the month. The S&amp;P 500 is down more than 8% to start the year and nearly 10% off its high.","text":"Federal Reserve points to interest rate hike coming in March. Dow falls about 130 points in another day of wild swings as Fed signals rate hikes ahead to fight inflation. All three major indexes are decidedly negative in January. The Nasdaq is in correction territory, down more than 16% from its intraday high and off 13% for the month. The S&P 500 is down more than 8% to start the year and nearly 10% off its high.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090464879","repostId":1134268054,"repostType":4,"repost":{"id":"1134268054","pubTimestamp":1643237610,"share":"https://www.laohu8.com/m/news/1134268054?lang=&edition=full","pubTime":"2022-01-27 06:53","market":"us","language":"en","title":"Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268054","media":"Bloomberg","summary":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after lif","content":"<html><head></head><body><ul><li>FOMC says interest-rate hike will ‘soon be appropriate’</li><li>Balance-sheet reduction to commence after liftoff begins</li></ul><p>Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.</p><p>“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”</p><p>He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.</p><p>In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.</p><p>The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.</p><p><img src=\"https://static.tigerbbs.com/9db24675e185f9d057d677ed3906f054\" tg-width=\"969\" tg-height=\"543\" width=\"100%\" height=\"auto\"/></p><p>The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.</p><p>“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”</p><p>A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.</p><p>“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”</p><p>The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.</p><p>Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.</p><p>They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”</p><p>The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.</p><p>In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.</p><p>The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.</p><p>Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.</p><p>The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.</p><p>In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.</p><p>Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting</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; 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}\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\">\nPowell Backs March Liftoff, Won’t Rule Out Hike Every Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-27 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268054","content_text":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090462056,"gmtCreate":1643246115670,"gmtModify":1676533790020,"author":{"id":"4106229114646140","authorId":"4106229114646140","name":"Derrick7","avatar":"https://community-static.tradeup.com/news/87a76c706a27c8508492f0dbebf70412","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like&nbsp;[Miser]&nbsp;","listText":"Like&nbsp;[Miser]&nbsp;","text":"Like [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090462056","repostId":1134268054,"repostType":4,"repost":{"id":"1134268054","pubTimestamp":1643237610,"share":"https://www.laohu8.com/m/news/1134268054?lang=&edition=full","pubTime":"2022-01-27 06:53","market":"us","language":"en","title":"Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268054","media":"Bloomberg","summary":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after lif","content":"<html><head></head><body><ul><li>FOMC says interest-rate hike will ‘soon be appropriate’</li><li>Balance-sheet reduction to commence after liftoff begins</li></ul><p>Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.</p><p>“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”</p><p>He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.</p><p>In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.</p><p>The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.</p><p><img src=\"https://static.tigerbbs.com/9db24675e185f9d057d677ed3906f054\" tg-width=\"969\" tg-height=\"543\" width=\"100%\" height=\"auto\"/></p><p>The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.</p><p>“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”</p><p>A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.</p><p>“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”</p><p>The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.</p><p>Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.</p><p>They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”</p><p>The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.</p><p>In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.</p><p>The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.</p><p>Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.</p><p>The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.</p><p>In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.</p><p>Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting</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; 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}\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\">\nPowell Backs March Liftoff, Won’t Rule Out Hike Every Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-27 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268054","content_text":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090461891,"gmtCreate":1643245822534,"gmtModify":1676533789966,"author":{"id":"3576136694569207","authorId":"3576136694569207","name":"IAS","avatar":"https://static.tigerbbs.com/933fbcc1d9c75b4ff82486f8a48a3e7c","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Quite clear what's happening in March alrdy&nbsp;","listText":"Quite clear what's happening in March alrdy&nbsp;","text":"Quite clear what's happening in March alrdy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090461891","repostId":1134268054,"repostType":4,"repost":{"id":"1134268054","pubTimestamp":1643237610,"share":"https://www.laohu8.com/m/news/1134268054?lang=&edition=full","pubTime":"2022-01-27 06:53","market":"us","language":"en","title":"Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268054","media":"Bloomberg","summary":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after lif","content":"<html><head></head><body><ul><li>FOMC says interest-rate hike will ‘soon be appropriate’</li><li>Balance-sheet reduction to commence after liftoff begins</li></ul><p>Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.</p><p>“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”</p><p>He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.</p><p>In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.</p><p>The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.</p><p><img src=\"https://static.tigerbbs.com/9db24675e185f9d057d677ed3906f054\" tg-width=\"969\" tg-height=\"543\" width=\"100%\" height=\"auto\"/></p><p>The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.</p><p>“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”</p><p>A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.</p><p>“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”</p><p>The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.</p><p>Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.</p><p>They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”</p><p>The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.</p><p>In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.</p><p>The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.</p><p>Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.</p><p>The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.</p><p>In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.</p><p>Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting</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; 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}\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\">\nPowell Backs March Liftoff, Won’t Rule Out Hike Every Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-27 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268054","content_text":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090469430,"gmtCreate":1643245691644,"gmtModify":1676533789924,"author":{"id":"3586490638953193","authorId":"3586490638953193","name":"Jess261","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090469430","repostId":1134268054,"repostType":4,"repost":{"id":"1134268054","pubTimestamp":1643237610,"share":"https://www.laohu8.com/m/news/1134268054?lang=&edition=full","pubTime":"2022-01-27 06:53","market":"us","language":"en","title":"Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268054","media":"Bloomberg","summary":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after lif","content":"<html><head></head><body><ul><li>FOMC says interest-rate hike will ‘soon be appropriate’</li><li>Balance-sheet reduction to commence after liftoff begins</li></ul><p>Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.</p><p>“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”</p><p>He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.</p><p>In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.</p><p>The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.</p><p><img src=\"https://static.tigerbbs.com/9db24675e185f9d057d677ed3906f054\" tg-width=\"969\" tg-height=\"543\" width=\"100%\" height=\"auto\"/></p><p>The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.</p><p>“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”</p><p>A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.</p><p>“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”</p><p>The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.</p><p>Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.</p><p>They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”</p><p>The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.</p><p>In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.</p><p>The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.</p><p>Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.</p><p>The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.</p><p>In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.</p><p>Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting</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\">\nPowell Backs March Liftoff, Won’t Rule Out Hike Every Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-27 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268054","content_text":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090485801,"gmtCreate":1643245432775,"gmtModify":1676533789770,"author":{"id":"4092458811577680","authorId":"4092458811577680","name":"PearlynCSY","avatar":"https://static.tigerbbs.com/b3e9fe7af061efe80a756d23de62e7b3","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"The Federal Reserve on Wednesday provided the clearest hint yet that it could start raising interest rates as soon as March. Fed Chairman Jerome Powell said asset purchases also are likely to halt in March. All three major indexes are decidedly negative in January. The Nasdaq is in correction territory, down more than 16% from its intraday high and off 13% for the month. The S&amp;P 500 is down more than 8% to start the year and nearly 10% off its high.","listText":"The Federal Reserve on Wednesday provided the clearest hint yet that it could start raising interest rates as soon as March. Fed Chairman Jerome Powell said asset purchases also are likely to halt in March. All three major indexes are decidedly negative in January. The Nasdaq is in correction territory, down more than 16% from its intraday high and off 13% for the month. The S&amp;P 500 is down more than 8% to start the year and nearly 10% off its high.","text":"The Federal Reserve on Wednesday provided the clearest hint yet that it could start raising interest rates as soon as March. Fed Chairman Jerome Powell said asset purchases also are likely to halt in March. All three major indexes are decidedly negative in January. The Nasdaq is in correction territory, down more than 16% from its intraday high and off 13% for the month. The S&P 500 is down more than 8% to start the year and nearly 10% off its high.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090485801","repostId":1134268054,"repostType":4,"repost":{"id":"1134268054","pubTimestamp":1643237610,"share":"https://www.laohu8.com/m/news/1134268054?lang=&edition=full","pubTime":"2022-01-27 06:53","market":"us","language":"en","title":"Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268054","media":"Bloomberg","summary":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after lif","content":"<html><head></head><body><ul><li>FOMC says interest-rate hike will ‘soon be appropriate’</li><li>Balance-sheet reduction to commence after liftoff begins</li></ul><p>Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.</p><p>“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”</p><p>He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.</p><p>In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.</p><p>The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.</p><p><img src=\"https://static.tigerbbs.com/9db24675e185f9d057d677ed3906f054\" tg-width=\"969\" tg-height=\"543\" width=\"100%\" height=\"auto\"/></p><p>The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.</p><p>“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”</p><p>A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.</p><p>“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”</p><p>The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.</p><p>Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.</p><p>They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”</p><p>The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.</p><p>In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.</p><p>The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.</p><p>Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.</p><p>The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.</p><p>In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.</p><p>Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting</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; 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}\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\">\nPowell Backs March Liftoff, Won’t Rule Out Hike Every Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-27 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268054","content_text":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090480750,"gmtCreate":1643244531035,"gmtModify":1676533789626,"author":{"id":"3570858059087130","authorId":"3570858059087130","name":"bucky","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Nice good&nbsp; 👍&nbsp;","listText":"Nice good&nbsp; 👍&nbsp;","text":"Nice good 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090480750","repostId":1134268054,"repostType":2,"repost":{"id":"1134268054","pubTimestamp":1643237610,"share":"https://www.laohu8.com/m/news/1134268054?lang=&edition=full","pubTime":"2022-01-27 06:53","market":"us","language":"en","title":"Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268054","media":"Bloomberg","summary":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after lif","content":"<html><head></head><body><ul><li>FOMC says interest-rate hike will ‘soon be appropriate’</li><li>Balance-sheet reduction to commence after liftoff begins</li></ul><p>Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.</p><p>“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”</p><p>He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.</p><p>In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.</p><p>The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.</p><p><img src=\"https://static.tigerbbs.com/9db24675e185f9d057d677ed3906f054\" tg-width=\"969\" tg-height=\"543\" width=\"100%\" height=\"auto\"/></p><p>The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.</p><p>“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”</p><p>A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.</p><p>“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”</p><p>The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.</p><p>Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.</p><p>They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”</p><p>The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.</p><p>In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.</p><p>The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.</p><p>Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.</p><p>The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.</p><p>In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.</p><p>Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting</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\">\nPowell Backs March Liftoff, Won’t Rule Out Hike Every Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-27 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268054","content_text":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090414644,"gmtCreate":1643244263820,"gmtModify":1676533789568,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":6,"crmLevelSwitch":1},"htmlText":"Jerome Powell is certainly Hawkish today and it is almost certain that March will see an interest rate rise.&nbsp; It is important for him to ensure that&nbsp;inflation is under control. 🤔","listText":"Jerome Powell is certainly Hawkish today and it is almost certain that March will see an interest rate rise.&nbsp; It is important for him to ensure that&nbsp;inflation is under control. 🤔","text":"Jerome Powell is certainly Hawkish today and it is almost certain that March will see an interest rate rise. It is important for him to ensure that inflation is under control. 🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":21,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090414644","repostId":1134268054,"repostType":4,"repost":{"id":"1134268054","pubTimestamp":1643237610,"share":"https://www.laohu8.com/m/news/1134268054?lang=&edition=full","pubTime":"2022-01-27 06:53","market":"us","language":"en","title":"Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268054","media":"Bloomberg","summary":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after lif","content":"<html><head></head><body><ul><li>FOMC says interest-rate hike will ‘soon be appropriate’</li><li>Balance-sheet reduction to commence after liftoff begins</li></ul><p>Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.</p><p>“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”</p><p>He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.</p><p>In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.</p><p>The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.</p><p><img src=\"https://static.tigerbbs.com/9db24675e185f9d057d677ed3906f054\" tg-width=\"969\" tg-height=\"543\" width=\"100%\" height=\"auto\"/></p><p>The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.</p><p>“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”</p><p>A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.</p><p>“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”</p><p>The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.</p><p>Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.</p><p>They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”</p><p>The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.</p><p>In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.</p><p>The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.</p><p>Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.</p><p>The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.</p><p>In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.</p><p>Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting</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; 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}\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\">\nPowell Backs March Liftoff, Won’t Rule Out Hike Every Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-27 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268054","content_text":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9090416465,"gmtCreate":1643244068138,"gmtModify":1676533789509,"author":{"id":"3574906731000207","authorId":"3574906731000207","name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Already made known&nbsp;","listText":"Already made known&nbsp;","text":"Already made known","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090416465","repostId":1134268054,"repostType":4,"repost":{"id":"1134268054","pubTimestamp":1643237610,"share":"https://www.laohu8.com/m/news/1134268054?lang=&edition=full","pubTime":"2022-01-27 06:53","market":"us","language":"en","title":"Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1134268054","media":"Bloomberg","summary":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after lif","content":"<html><head></head><body><ul><li>FOMC says interest-rate hike will ‘soon be appropriate’</li><li>Balance-sheet reduction to commence after liftoff begins</li></ul><p>Federal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.</p><p>“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”</p><p>He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.</p><p>In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.</p><p>The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.</p><p><img src=\"https://static.tigerbbs.com/9db24675e185f9d057d677ed3906f054\" tg-width=\"969\" tg-height=\"543\" width=\"100%\" height=\"auto\"/></p><p>The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.</p><p>“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”</p><p>A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.</p><p>“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”</p><p>The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.</p><p>Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.</p><p>They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”</p><p>The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.</p><p>In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.</p><p>The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.</p><p>Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.</p><p>The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.</p><p>In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.</p><p>Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.</p></body></html>","source":"lsy1584095487587","collect":0,"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>Powell Backs March Liftoff, Won’t Rule Out Hike Every Meeting</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; 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}\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\">\nPowell Backs March Liftoff, Won’t Rule Out Hike Every Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-27 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-26/fed-signals-liftoff-soon-sees-asset-reduction-start-afterward?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134268054","content_text":"FOMC says interest-rate hike will ‘soon be appropriate’Balance-sheet reduction to commence after liftoff beginsFederal Reserve Chair Jerome Powell said the central bank was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation.“The committee is of a mind to raise the Fed funds rate at the March meeting” if conditions are there to do so, Powell told a virtual press conference on Wednesday, while noting that officials have not made any decisions about the path of policy because it needs to be “nimble.”He was speaking after the Federal Open Market Committee concluded its two-day meeting with a statement that declared “it will soon be appropriate to raise the target range for the federal funds rate,” citing inflation well above its 2% target and a strong job market.In a separate statement, the Fed said it expects the process of balance-sheet reduction will commence after it has begun raising rates. Powell said no decision was taken at this meeting on the pace of the runoff or when it would start.The hawkish pivot, against a backdrop of turmoil in stocks, comes amid consumer inflation readings that have repeatedly surprised and hit 7% -- the most since the 1980s -- and a tight labor market that’s pushed unemployment down faster than anticipated to almost its prepandemic level.The yield on 10-year Treasury notes rose sharply as Powell spoke while stocks fell and the dollar pushed higher.“The tone of Powell’s press conference is hawkish,” said Neil Dutta, head of economic research at Renaissance Macro Research. “The Fed is going to be much more willing to hike faster in the face of upside inflation surprises than ease in the face of downside employment surprises.”A rate hike would be the central bank’s first since 2018, with many analysts forecasting a quarter-point increase in March to be followed by three more this year and additional moves beyond. Critics say the Fed has been too slow to act and is now behind the curve in tackling inflation, though key market gauges don’t back that view. Even some Fed officials have publicly discussed if they should raise rates more this year than forecast.“We will need to be nimble so that we can respond to the full range of plausible outcomes,” Powell said. “We will remain attentive to risks, including the risk that high inflation is more persistent than expected, and are prepared to respond as appropriate.”The vote was unanimous. Philadelphia Fed President Patrick Harker voted as the alternate for the Boston Fed, which is currently without a president, while three vacancies at the Board of Governors reduced the number of voters at this meeting to nine.Officials held the target range for their benchmark policy rate unchanged at zero to 0.25% as expected.They also said they will conclude asset purchases on schedule, leaving them on track to end in “early March.”The Fed’s balance sheet stands at nearly $8.9 trillion, more than double its size before officials began massive asset purchases at the onset of the pandemic to calm market panic.In a separate statement outlining the principles it would apply to reducing its balance sheet, the Fed said that over the longer run, it intends to primarily hold Treasury securities.The Fed currently also holds mortgage-backed securities and the shift is aimed at minimizing its effect “on the allocation of credit across sectors of the economy,” it said.Despite criticism that it has dragged its feet, the Fed is moving much quicker than it once expected to -- prompted by the failure of inflation to fade as anticipated amid robust demand, snarled supply chains and tightening labor markets. As recently as September, central bank officials were split on whether any rate hikes would be warranted in 2022.The meeting is the last of Powell’s current term as Fed chair, which ends in early February. He’s been nominated to another four years at the helm by President Joe Biden and is expected to be confirmed by the Senate with bipartisan support.In his second term, Powell, 68, will need to persuade investors and the American public that the FOMC can successfully get inflation back down to the Fed’s 2% goal while also nurturing job gains as the labor market heals from the pandemic.Biden last week endorsed the Fed’s plans to scale back monetary stimulus and said it’s the central bank’s job to rein in inflation, which has become a political headache for Democrats ahead of November midterm elections where they could lose their thin majorities in Congress.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":447,"commentSize":42,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}