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RE: Was die Märkte bewegt - News, Infos, Meldungen, Analysen, Kommentare & Interessantes
| 30.10.2022, 22:29
Goldman Sachs sees Fed rates peaking at 5% in March - Bloomberg News
Sun, October 30, 2022 at 9:04 AM·1 min read
(Reuters) - Goldman Sachs Group Inc's economists said the U.S. Federal Reserve could bump up interest rates to as high as 5% by March 2023, 25 basis points above its earlier predictions, Bloomberg News reported on Sunday.
Goldman Sachs Chief Executive Officer David Solomon last week said the U.S. Federal Reserve could hike rates beyond 4.5-4.75% if it does not see "real changes in behaviour."
Federal Reserve's next meeting could shed light on how long it will stick to the aggressive monetary policies.
Goldman's economists added that the journey to 5% hike includes increases of 75 basis points this week, 50 basis points in December and 25 basis points in February and March, the report added.
The report said Goldman cited three reasons for expecting the Fed to hike beyond February -an "uncomfortably high" inflation, the need to cool the economy as fiscal tightening ends and price-adjusted incomes climb, and avoiding a premature easing of financial conditions..............
https://finance.yahoo.com/news/goldman-s...11097.html
Fed up? Stocks up!
Jamie McGeever
Sun, October 30, 2022 at 8:08 PM
By Jamie McGeever
(Reuters) - A look at the day ahead in Asian markets from Jamie McGeever
If world markets on Monday take their cue from Friday's melt up on Wall Street it will round off what has, in many ways, been a truly remarkable month.
Investors face another (likely) bumper U.S. rate hike from the Fed later this week, and profit-taking and re-positioning as the new month begins could also burst the revival bubble. But it's worth noting the resilience markets showed in October.
The implied Fed terminal rate rose around 50 bps to 5% (also Goldman's new forecast), bond yields rose, global inflation remained sticky, 2023 recession risks increased, and the Q3 U.S. earnings season has been patchy at best, or a disaster at worst. Looking at you Big Tech.............
https://finance.yahoo.com/news/fed-stock...ccounter=1
Wolfgang Puck: Food inflation has 'gotten out of control'
Brooke DiPalma·Reporter, Booking Producer
Sun, October 30, 2022 at 5:23 PM
Wolfgang Puck says the luxury dining industry is feeling the pinch of inflation.
In a recent interview with Yahoo Finance, the world-renowned Chef and restaurateur, broke it down point-blank saying, "some of this thing has gotten out of control."
"The average cost now in our restaurants for food is up 15%, which is a lot," adding that some other costs like equipment to prepare the food are also on the rise.
"I bought the other day cutting boards, for example, for one restaurant I bought 12 cutting boards, I spent $1,500, and then a week later, it went up to $2,000," Puck explained.
In general, Americans are feeling the pinch. The overall cost of food cost is up 11.2% compared to last year, according to the Bureau of Labor Statistics' (BLS) September Consumer Price Index (CPI) while the food-at-home category, groceries, was up 13.0% year-over-year, and food away from home increased by 8.5%..............................
https://finance.yahoo.com/news/food-infl...49319.html
Sun, October 30, 2022 at 9:04 AM·1 min read
(Reuters) - Goldman Sachs Group Inc's economists said the U.S. Federal Reserve could bump up interest rates to as high as 5% by March 2023, 25 basis points above its earlier predictions, Bloomberg News reported on Sunday.
Goldman Sachs Chief Executive Officer David Solomon last week said the U.S. Federal Reserve could hike rates beyond 4.5-4.75% if it does not see "real changes in behaviour."
Federal Reserve's next meeting could shed light on how long it will stick to the aggressive monetary policies.
Goldman's economists added that the journey to 5% hike includes increases of 75 basis points this week, 50 basis points in December and 25 basis points in February and March, the report added.
The report said Goldman cited three reasons for expecting the Fed to hike beyond February -an "uncomfortably high" inflation, the need to cool the economy as fiscal tightening ends and price-adjusted incomes climb, and avoiding a premature easing of financial conditions..............
https://finance.yahoo.com/news/goldman-s...11097.html
Fed up? Stocks up!
Jamie McGeever
Sun, October 30, 2022 at 8:08 PM
By Jamie McGeever
(Reuters) - A look at the day ahead in Asian markets from Jamie McGeever
If world markets on Monday take their cue from Friday's melt up on Wall Street it will round off what has, in many ways, been a truly remarkable month.
Investors face another (likely) bumper U.S. rate hike from the Fed later this week, and profit-taking and re-positioning as the new month begins could also burst the revival bubble. But it's worth noting the resilience markets showed in October.
The implied Fed terminal rate rose around 50 bps to 5% (also Goldman's new forecast), bond yields rose, global inflation remained sticky, 2023 recession risks increased, and the Q3 U.S. earnings season has been patchy at best, or a disaster at worst. Looking at you Big Tech.............
https://finance.yahoo.com/news/fed-stock...ccounter=1
Wolfgang Puck: Food inflation has 'gotten out of control'
Brooke DiPalma·Reporter, Booking Producer
Sun, October 30, 2022 at 5:23 PM
Wolfgang Puck says the luxury dining industry is feeling the pinch of inflation.
In a recent interview with Yahoo Finance, the world-renowned Chef and restaurateur, broke it down point-blank saying, "some of this thing has gotten out of control."
"The average cost now in our restaurants for food is up 15%, which is a lot," adding that some other costs like equipment to prepare the food are also on the rise.
"I bought the other day cutting boards, for example, for one restaurant I bought 12 cutting boards, I spent $1,500, and then a week later, it went up to $2,000," Puck explained.
In general, Americans are feeling the pinch. The overall cost of food cost is up 11.2% compared to last year, according to the Bureau of Labor Statistics' (BLS) September Consumer Price Index (CPI) while the food-at-home category, groceries, was up 13.0% year-over-year, and food away from home increased by 8.5%..............................
https://finance.yahoo.com/news/food-infl...49319.html
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