Fed seen likely to raise policy rate above 5.5% by September

Fed seen likely to raise policy rate above 5.5% by September

– Traders of futures tied to the Federal Reserve‘s policy rate added to bets on Wednesday that the U.S. central bank will raise its benchmark rate to a range of 5.5%-5.75% by September, as a widely-followed report signaled some upward price pressures in manufacturing last month. The rate-futures contracts currently are pricing in a high … Read more

How you should rebalance your portfolio in a rising interest rate scenario

How you should rebalance your portfolio in a rising interest rate scenario

As we head into 2022, we will see the start of a meaningful economic and financial transition. A transition not just to post-COVID reality, but also to more normal monetary policy, and to more moderate returns in financial markets. Central banks globally have started taking action to unwind policy support and limit bond purchases. Gradually, … Read more