Traders no longer expect a rate hike of 50 basis points by the U.S. Federal Reserve next week as the surprise collapse of lender Silicon Valley Bank rattles the financial system.
Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., on March 19, 2019. REUTERS/Leah Millis/File Photo
March 14 - Traders no longer expect a rate hike of 50 basis points by the U.S. Federal Reserve next week as the surpriseThe current projection is for a 25 bps move, with some expecting no hike at all or even a cut.in expectations after hawkish commentary from Fed Chair Jerome Powell had prompted traders to see a 70% chance of a 50 bps rate hike just a week earlier.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
JPMorgan, PNC among suitors for SVB Financial in deal excluding SVB Bank - AxiosJPMorgan Chase & Co and PNC Financial Service Group Inc are among those in talks about acquiring SVB Financial Group in a deal that would exclude its commercial banking unit Silicon Valley Bank that is currently under U.S. control, Axios reported on Monday citing sources.
Baca lebih lajut »
SVB collapse: The Treasury must make whole SVB investorsThe Treasury Department is right to ensure that investors at Silicon Valley Bank have access to their deposits.
Baca lebih lajut »
Factbox: Which companies are affected by SVB collapse?Startup-focused lender SVB Financial Group last week became the largest bank to fail since the 2008 financial crisis, sending ripples across the globe as billions of dollars belonging to companies and investors were left stranded.
Baca lebih lajut »
Traders blame SVB collapse on Silicon Valley 'greed and avarice'Traders blame the collapse of Silicon Valley Bank on SVB's 'greed and avarice' - and the Fed is now in a tight spot because of it.
Baca lebih lajut »
Dollar slumps, rate hikes in question as Fed limits SVB fallout By Investing.com⚠️BREAKING: *U.S. DOLLAR SLUMPS, MARCH RATE HIKE IN QUESTION AS FED LIMITS SVB FALLOUT - $USD
Baca lebih lajut »
Treasury yields plunge as SVB fallout seen slowing Fed rate hikesThe U.S. 2-year bond yield has shed more than 80 basis points in three sessions as expectations for a 50 basis point rate increase by Fed in March evaporate.
Baca lebih lajut »