2022-07-28

Fed Is a Lot Closer to Peak Rates: HSBC's Major

Name: Fed Is a Lot Closer to Peak Rates: HSBC's Major - NewsBreak
Uploaded: 2022-07-28 03:13:05
Duration: 6 min 7 s
Description: Steven Major, global head of fixed income research at HSBC Holdings Plc, discusses the Fed raising its benchmark interest rate by 75-basis points, what the hike means for markets and the economy. He speaks on Bloomberg Television.

Steven Major, global head of fixed income research at HSBC Holdings Plc, discusses the Fed raising its benchmark interest rate by 75-basis points, what the hike means for markets and the economy. He speaks on Bloomberg Television.

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jay p

2022-07-31

After months of everyone complaining (whaaa, whaaa) about gasoline prices, the impossible occurred. Chevron and Exxon post RECORD profits for Q2!!!!!. RECORD PROFITS!! TBE, Republicans not saying ONE word about gouging the public. Articles have since QUICKLY disappeared.

Charles Walker

2022-07-29

I agree. I wouldnt be surprised next rate increase is 50bps. Economy is cooling fast. Its funny...2 years ago, all the hype was the record low unemployment. Rising unemployment will help lower inflation. This is why a hate artificially stimulating the economy with corporate tax cuts. With fuel to the fire added by the supply chain disaster. Smh

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