Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "bludgeoned"


3 mentions found


Investments in the U.S. Treasury's Series I savings bonds have surged this year as prices climbed and so far show few signs of easing. I bonds offer holders a standard fixed rate together with a variable rate that shifts every six months, the latter depending on the latest consumer price index numbers. Even putting a few thousand dollars in the bond could offer a decent cash cushion for times ahead, she said. While a safe haven for cash, I bonds are not an alternative to investing, McLoughlin said. Despite the market's dismal performance this year, equities offer much better returns for those with longer time horizons, she said.
“Xi’s leadership is not causal for China’s economic rise,” said Sonja Opper, a professor at Bocconi University in Italy who studies China’s economy. Bloomberg/Getty ImagesThe International Monetary Fund recently cut its forecast for China’s growth to 3.2% this year, representing a sharp slowdown from 8.1% in 2021. Under Xi, China has not only become more insular, but has also seen the fraying of US-China relations. He is expected to secure an unprecedented third term in power at the Communist Party Congress that begins on Sunday. “Moreover, growth is not the only source of legitimacy and support for the Communist Party, and Xi has increasingly burnished the Communist Party’s nationalist credentials to appeal to patriotism as well as pocketbooks,” he added.
(A basis point equals 0.01 of a percent) Besides the rate hike, the market is intently focused on the terminal rate. Expectations for the Fed's terminal rate also soared. Before the August CPI report, the futures market was pricing in a terminal rate at just about 4% for next April. In the futures market, "the terminal rate went up 40 basis points in 24 hours," he said. But NatWest Markets expects the Fed could indeed have a terminal rate of 5%.
Total: 3