16th March 2022

  • Fed to Hike and Steepen Its Rate Policy Path: Decision-Day Guide

Powell preannounced plans for a quarter-point hike to Congress

Investors are focused on the 2022 dots to judge the path ahead

https://blinks.bloomberg.com/news/stories/R8R1VODWX2PS

  • Treasury 30-Year Yield Rises to Highest Since 2019 Before FOMC

Russia’s invasion of Ukraine has added inflationary pressures

Fed expected to hike rates by 25 basis points on Wednesday

https://blinks.bloomberg.com/news/stories/R8QZ7DDWRGG0

  • Oil’s Retreat Pauses After Shedding Most of Russian War Gains

Covid-19 flare-up in China raising concerns about consumption

WTI crude futures rise near $97 after falling 6.4% on Tuesday

https://blinks.bloomberg.com/news/stories/R8TMPYT0AFB4

  • Raskin Withdraws From Fed Nomination After Support Crumbles

Manchin’s opposition over climate left nominee short of votes

Withdrawal may clear the way for Biden’s other Fed picks

https://blinks.bloomberg.com/news/stories/R8SXK6DWLU68

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For more information please contact Rubrics Asset Management. info@rubricsam.com.