LIVE MARKETS A disruptive Fed? [Reuters]
Block, Inc. Class A, (SQ)
Last block, inc. class a, earnings: 2/26 04:05 pm
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Source: Reuters
Summary STOXX 600 down 1.5% Another weekly loss in sight Tech, miners, autos worst performers Wall Street futures in the red Jan 21 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com A DISRUPTIVE FED? (1141 GMT) The Federal Reserve rate cycle has been a hot topic recently and it will probably be for the whole year. But the big unknown is if and how much its action will disrupt already stressed out financial markets. According to George Saravelos, global head of forex at Deutsche Bank, “this is the first Fed hiking cycle in three decades where the central bank will begin hiking rates with inflation above, rather than below target.” “The current environment can therefore not be compared with previous benign tightening cycles” as back then the “Fed objective function was to get to neutral with minimal impact on markets or simply it wasn't needed,” he s
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- DEADLINE ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Block, Inc. and Encourages Investors to Contact the FirmAccesswire
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