Member Morning Post on January 19: The Federal Reserve “released the wind” to raise interest rates to more than 5% as soon as possible, Microsoft and Amazon “joined forces” to cut off 30,000 people- Wall Street News

1.[The Federal Reserve “releases the wind” to raise interest rates to more than 5% as soon as possible]On Wednesday, January 18 local time, Bullard, who has the right to vote at the FOMC meeting of the Federal Reserve Monetary Policy Committee in 2022, said in an online interview that the Fed must further Raise interest rates to ensure that upward pressure on inflation subsides. According to Bullard, the Fed’s monetary policy “must remain on the tighter side through 2023” as the process of slowing inflation unfolds, with rates rising to a range of 5.25% to 5.5% by the end of 2023. Like Bullard, Cleveland Fed President Mester, who has voting rights at the FOMC meeting in 2022, said that there are more and more signs that high inflation is beginning to slow down and that the Fed’s interest rate hikes are beginning to work as expected, but further interest rate hikes are needed. To curb inflation, the Fed needs to keep the policy rate “slightly” above the 5.0% to 5.25% range. Mester said interest rates have not yet reached, have not exceeded 5%, and in her forecast for the economy, she believes that it needs to exceed 5%.

Comments: This is actually a manifestation of the intensification of the contradiction between the current market expectations and the guidance of the Fed’s expectations; for the three results of this expected conflict, please refer to the previous article for details: “The Fed and the Market Have a Violent Conflict, and Who Wins the Results Can’t Bear to Look Directly “https://wallstreetcn.com/articles/3677607

2.[Microsoft and Amazon “cooperated” to cut off 30,000 people]After the media reported yesterday that Microsoft had laid off 10,000 people, today Microsoft officially “confirmed” that the news is accurate: Microsoft officially announced that it will lay off 10,000 employees by March 31. million people. “Coincidentally”, Amazon’s latest round of layoffs also began on Wednesday, which is the beginning of the more than 18,000 layoffs it announced in early January.

Leave a Replay