Powell's aterent of interest increases cabinet revenue and leads the shares to a narrow scope
Treasury bonds have increased and US equities have varied, while Federal Reserve President Jerome Powell confirmed that the central bank is not in a hurry to lower interest rates. The bonds have decreased by the curve, as the financial markets are still fully priced to lower the interest rates only once this year by the Federal Reserve. The S&B 500 lost in a narrow series. The prices of most shares of major technology companies have dropped, despite the increase in ‘Meta platforms’ to the seventeenth day in a row. Intel and Global Foundres shares have risen, where Vice President JD Vans said the United States will ensure the production of the most developed artificial intelligence devices. Just a day before the most important inflation numbers were issued, Powell pointed out that federal officials would be patient before the borrowing costs lowered more, while the economy remained strong. Congress also said it is inevitable to predict the policy of customs tariffs at this stage. Powell is scheduled to testify in front of the House of Representatives Financial Services Committee on Wednesday. An extensive time limit, Krishna, see Evercore that the Federal Reserve is taking an ‘extended time limit for interest rates’, but that it is on the way to reducing borrowing costs more than another sustainable progress in inflation. There was little change to the Standard & Poor’s 500 index. With the increase in the increase and the decline less than 0.6% for two consecutive days, the index was drowned in a period of now trading that the market has not seen since the middle of December. The Nasdaq 100 index fell 0.3%. The Dow Jones Industrial Index rose 0.3%. Also read: The US labor market data in January support the maintenance of interest unchanged. Miller Tobacco said that “the stock market has lost in a its series. Despite the registered narrative in Wall Street, the market does not expand to the extent that some people are trying to photograph. So, until we get out of this series, investors will want to stay active.” The yield on US treasury bonds for ten years produces four basis points to 4.54%. The Bloomberg index for the dollar was lost 0.3%. A disadvantage momentum of inflation The United States inflation showed minor signs of the landfill at the beginning of the year, as well as strengthened the economy thanks to the growth of the work, which supported the position of the Federal Reserve by holding interest rates at the moment. Shortly before the second half of the two -day Powell certificate marathon, a report is expected to show that the consumer price index, except for food and energy, has risen by 0.3% over the past six months. Also read: ‘Federal’ official: Inflation is on its way to 2%, but it will take some time compared to the previous year. The basic consumer price index is expected to increase by 3.1%. However, to remain slightly lower than the annual number of December, it is a decrease of only 0.2 percentage points from the middle of last year. “The recent inflation data, together with the strong job market, will be patient by the Federal Reserve, which is likely to hold the monetary policy at its target scope in March,” says the prediction of monetary policy. A poll conducted by ’22 in Research’ business showed that 41% of participants expected the response of the market to the consumer price index “away from risk”. In addition, 37% of investors whose view of the company believed believed that financial conditions should be tightened. “This value has dropped significantly since last month. 59% believe that the basic consumer price index is on a sliding road suitable for the Federal Reserve without sharpening financial conditions, and 4% believe there will be a recession,” Dennis Deboser of 22V said. “The fluctuations of inflation this week may be more limited than in the past, as the Federal Reserve is likely to get inflation and job reports before making extra changes to interest rates,” according to Matthew Wheeler of Forex.com and City Endx. He added that the pressure of the high price traders could push to start asking if the interest rates of interest rates accepted by the Federal Reserve were already completed, which complicated the way forward for the central bank, which clearly saved that the facilitation cycle had not yet ended.