Asia shares muted by unease over Fed, BOJ policy
S&P 500 futures eased 0.2%, while Nasdaq futures lost 0.3%. The S&P touched a two-week low on Friday as a run of strong U.S. economic news suggested the"It's the most aggressive Fed tightening in decades and U.S. retail sales are at all-time highs; unemployment at 43-year lows; payrolls up over 500k in January and CPI/PPI inflation reaccelerating," noted analysts at BofA. "That's a Fed mission very much unaccomplished.
Markets have steadily lifted the expected peak for Fed funds to 5.28%, while sharply scaling back rate cuts for later this year and next.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan, China to hold security talks next week, Japan foreign minister saysJapan and China will hold security talks next week, Japanese foreign minister Yoshimasa Hayashi said after meeting his Chinese counterpart on the sidelines of the Munich Security Conference on Saturday.
Read more »
Japan Launches a CBDC Testing Program in April: ReportThe Bank of Japan will supposedly start its CBDC experiments this spring.
Read more »
Morning Bid: China to keep calm on ratesThree central bank policy decisions dominate the economic calendar in Asia this week.
Read more »
Bank of America, Goldman Sachs, JPMorgan, UBS Share Predictions About Further Fed Rate Hikes – Economics Bitcoin NewsBank of America, Goldman Sachs, JPMorgan, and UBS have shared their predictions about further Fed interest rate hikes. BofA ratehikes inflation
Read more »
Fed's Barkin: 'Slow progress' on inflation, sees more hikesA top Federal Reserve official is downplaying recent signs that the economy is strengthening, but also said he is prepared to keep raising interest rates in smaller increments as often as needed to quell inflation.
Read more »
Dollar slips as market eyes upcoming Fed action By Reuters*DOLLAR SLIPS AS MARKET EYES UPCOMING FED ACTION - $USD 🇺🇸🇺🇸
Read more »