Free Trial
US TSY OPTIONS

BLOCK, Recent 5Y Bear Play

US TSYS

Market Roundup: Sharp Rate Hike Re-Pricing

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Fed Sees 75bp Hike As New Baseline- Ex-Officials

(MNI) Washington

Hotter inflation and inflation expectations data could see markets grappling with the risk of a 1-percentage-point increase.

Federal Reserve officials are likely to support repeating June's aggressive 0.75-percentage-point interest rate increase in July and possibly again in September to tackle inflation that is showing little sign of slowing, former officials told MNI.

An even larger 1-pp hike cannot be ruled out if inflation or inflation expectation trends worsen, the former officials said, though the FOMC is likely to shy away from adding to an uncertain environment with yet another alteration to its policy path.

Keep reading...Show less
574 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Federal Reserve officials are likely to support repeating June's aggressive 0.75-percentage-point interest rate increase in July and possibly again in September to tackle inflation that is showing little sign of slowing, former officials told MNI.

An even larger 1-pp hike cannot be ruled out if inflation or inflation expectation trends worsen, the former officials said, though the FOMC is likely to shy away from adding to an uncertain environment with yet another alteration to its policy path.

Keep reading...Show less