Fed on Track for Rate-Hike Downshift After Cool Inflation Data https://www.bloomberg.com/news/articles/2023-01-12/fed-on-track-for-rate-hike-downshift-after-cool-inflation-data-lctajyci
Bloomberg.com
Fed on Track for Rate-Hike Downshift After Cool Inflation Data
The Federal Reserve is on track to downshift to smaller interest-rate increases following a further cooling in US inflation, though it’s likely to keep hiking until price pressures show more definitive signs of slowing.
Some of the biggest US commercial real estate investors are seeking to withdraw $20 billion, the biggest waiting line since the Great Recession.
Bloomberg.com
Investors Seek to Pull $20 Billion From Core Real Estate Funds
JPMorgan and Morgan Stanley are among fund managers facing withdrawal requests as property values decline.
Global Bond Sales Off to Record Start
Fixed-income assets are looking increasingly attractive after last year’s historic rout drove yields to the highest since 2008, especially as the prospect of a slowing global economy offers the potential for further gains.
Bloomberg forecasts US investment-grade bonds will return 10% this year.
Fixed-income assets are looking increasingly attractive after last year’s historic rout drove yields to the highest since 2008, especially as the prospect of a slowing global economy offers the potential for further gains.
Bloomberg forecasts US investment-grade bonds will return 10% this year.
CNN: US hits debt ceiling, prompting Treasury to take extraordinary measures.
https://www.cnn.com/2023/01/19/politics/debt-ceiling-deadline-treasury/index.html
https://www.cnn.com/2023/01/19/politics/debt-ceiling-deadline-treasury/index.html
CNN
US hits debt ceiling, prompting Treasury to take extraordinary measures | CNN Politics
The US hit the debt ceiling set by Congress on Thursday, forcing the Treasury Department to start taking extraordinary measures to keep the government paying its bills and escalating pressure on Capitol Hill to avoid a catastrophic default.
WSJ:
Federal Reserve officials are preparing to slow interest-rate increases for the second straight meeting and debate how much higher to raise them after gaining more confidence inflation will ease further this year.
They could begin deliberating at the Jan. 31-Feb. 1 gathering how much more softening in labor demand, spending and inflation they would need to see before pausing rate rises this spring.
Federal Reserve officials are preparing to slow interest-rate increases for the second straight meeting and debate how much higher to raise them after gaining more confidence inflation will ease further this year.
They could begin deliberating at the Jan. 31-Feb. 1 gathering how much more softening in labor demand, spending and inflation they would need to see before pausing rate rises this spring.