Market wrapThe Open2 min
The Open: Think the Fed will be done after two more rate hikes? How…
Unexpectedly hot jobs data could affect the number and timing of future rate hikes
·macro · companyAI
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AnalysisThe Open1 min
Fed policymakers make case for further interest rate hikes
What moved overnight and what to watch at the bell. Assembled from 1 developing stories.
·macroAI
AnalysisThe Open1 min
Federal Reserve raises interest rates for the 1st time since 2023
What moved overnight and what to watch at the bell. Assembled from 1 developing stories.
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What the wires are saying
Think the Fed will be done after two more rate hikes? How Friday’s jobs report may trigger a major market repricing.
Unexpectedly hot jobs data could affect the number and timing of future rate hikes
Federal Reserve Keeps Interest Rates Unchanged Despite Elevated Inflation Concerns
Bullish
Euro zone inflation hits 4% for first time in three years as interest rate hike looms
It was driven by energy inflation, which surged above 20% in October.
FTSE 100 jumps to near 2-month highs as banks surge on expected BoE rate hike
^FTSEBullish
CVS to split off drugstore business in major breakup of healthcare giant
The move would reverse the company's $78 billion acquisition of Aetna and dismantle the vertically integrated healthcare conglomerate it created in 2018.