An end to Fed rate hikes is just one reason why technology stocks are holding up amid the broader market chaos
And technology stocks, which were hurt the most when the Fed started its aggressive interest rate hikes in March 2022, are now poised to benefit the most from a pause or even a decline in interest rate hikes.
1."Inflation expectations [are] dropping, lowering nominal rates=higher price-to-earnings [multiples] but not recession risk."3."Bank crisis is not systemic, even if investors are fearful such is the case."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fed emergency lending to banks boosted overall Fed holdings in latest weekFederal Reserve emergency lending to banks, which hit record levels last week, remained high in the latest week, amid continued large scale extensions of credit to the financial system, which now includes official foreign borrowing.
Read more »
Fed's Bostic: Fed rate rise was not an easy decisionAtlanta Fed President Raphael Bostic told NPR on Friday that it was not an easy decision to raise the policy rate, as reported by Reuters. Additional
Read more »
Fed sees credit drawdown looming, shifts towards pause on rate hikesFederal Reserve Chair Jerome Powell on Wednesday said banking industry stress could trigger a credit crunch with 'significant' implications for an economy that U.S. central bank officials projected will slow even more this year than previously thought.
Read more »
Ackman on banking crisis, Fed hikes, Musk, Dimon, inflation, blockchainBill Ackman warns the banking crisis may engulf the economy, and says Jamie Dimon is his pick for US president. Here are the investor's 10 best quotes from a new interview.
Read more »
INDIA RUPEE Rupee to strengthen after Fed hints rate hikes nearing endThe Indian rupee was expected to rise against the U.S. dollar on Thursday, after the U.S. Federal Reserve hiked rates by 25 basis points and signalled it was closer to the end of its tightening cycle amid turmoil in the financial markets.
Read more »
Asian shares decline after Fed hints rate hikes may end soonAsian shares are mostly lower after the Federal Reserve raised a key interest rate, while noting the end may be near for its economy-crunching rate hikes
Read more »