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Stocks fall as Fed delivers hawkish rate hike
The U.S. Federal Reserve raised interest rates by 25 basis points, causing global stocks to fall and bond yields to rise amid inflation concerns.
Morgan Stanley turns more hawkish, forecasts two Fed hikes and ECB move
Morgan Stanley has joined other major Wall Street banks in adopting a more hawkish outlook on interest rates, forecasting U.S. Federal Reserve rate hikes and another European Central Bank increase later this year as inflationary pressures persist.
Goldman Sachs pushes Fed rate-cut call to 2027 on strong US jobs data
Goldman Sachs expects the U.S. Federal Reserve to keep rates unchanged through 2026 and delay rate cuts until 2027, it said on Friday, citing stronger economic activity and job growth after a robust payrolls report.
European markets set for soft open as investors await Fed decision
European shares are expected to open mostly flat on Tuesday as global investors await the U.S. Federal Reserve's monetary policy update.