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Mixed Signals: Calls for Fed Rate Hike Pause Amidst Speculation of Extended Period

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Source: MarketWatch
Mixed Signals: Calls for Fed Rate Hike Pause Amidst Speculation of Extended Period
Photo: MarketWatch
TL;DR

BlackRock's Rick Rieder predicts that the Federal Reserve will raise interest rates by 25 basis points to a target range of 5% to 5.25% at its policy meeting on Wednesday, but may pause "for an extended period of time" to let its prior rate hikes "marinate through the system." Despite an early debt-ceiling deadline and regional-bank woes, the Fed is expected to proceed with the rate hike. US stocks fell ahead of the announcement.

Topics:businessfinance#blackrock#federal-reserve#finance#interest-rates#rick-rieder#us-stocks
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  1. Fed may pause ‘for an extended period’ after rate hike: BlackRock’s Rick Rieder  MarketWatch
  2. Fed Meeting Today: Dow Futures Edge Up as Investors Brace For Another Interest Rate Hike  The Wall Street Journal
  3. Rep. Boyle calls for Fed rate hike pause to avoid 'completely unnecessary' recession  MSNBC
  4. Daybreak: Fed May Hike Amid Calls for Hawkish Pause  Bloomberg
  5. Fed Should Pause Rate Increases After This Week, Former Vice Chair Says  The Wall Street Journal

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