Fed decision day in America. In your view, what does getting policy right look like. >> I don't know if there's a right answer here.Um, you know, internally at Apollo, we do not think there's a need for a cut. There's nothing in the data that tells us, but at the same time, I understand the decision. But longer term, I'm not sure it really matters.I mean, if you think about what's happening, the market is ultimately determining the outcome. We have governments around the world who are borrowing record amoun ...

Fed's Monetary Policy Stance - The market interprets the Fed's recent moves as dovish, suggesting potential future rate cuts, though possibly not in January or March [2] - The Fed's decision to buy T-bills is viewed as a dovish signal [2] - Some analysts believe the Fed is trying to prevent a potential crisis by injecting liquidity [4] - The market initially reacted to the news with a sell-off in miners, but then reversed course, anticipating a rise in gold prices due to potential QE [5] - The Fed is committed to a 2% inflation target [13] - The Fed was influenced by the Employment Cost Index (ECI), which showed wage growth at 35% [15] Market Reactions and Expectations - The bond market's reaction to the Fed's moves was less pronounced than expected, with two-year Treasury yields down by 0007% to 0008% [3] - Small caps finished at all-time highs [11] - The market closed up 0070% intraday [11] - The market anticipates a Santa Claus rally [13]

Markets have been predicting another rate cut for weeks, but bond yields have been rising. The 10-year Treasury yield has steadily risen in recent weeks, and ticked up to 4.2% on Wednesday. Bond markets are telegraphing concerns about more inflation in the coming year. Markets think a rate cut on Wednesday is nearly a foregone conclusion, but bond yields are doing something strange. Despite a cut being priced in for weeks, US government bonds have been selling off, driving yields higher. The 10-y ...

two of what I counted to be five you guys five times he said we're well positioned to wait let's bring in our floor show people joining me now JP Morgan Asset Management global market strategist Mera Pandit and Slate Stone wealth chief market strategist Kenny Pulcari Meera let's get to you first this is a significant meeting and the markets are reflecting that what do you think the markets heard that have them jumping so exponentially the markets heard a Fed free from fear all fall we have been debating are ...

Core Viewpoint - Markets are anticipating over two interest rate cuts in 2026, driven by expectations that labor market softness will outweigh persistent inflation pressures [1] Group 1 - The current market sentiment reflects a belief in a weakening labor market, which is influencing expectations for future monetary policy [1] - Investors are pricing in these cuts as a response to the balance between labor market conditions and inflation [1]

Core Insights - Bitcoin and other cryptocurrencies experienced a slight rise following the Federal Reserve's final interest rate cut of the year, which was a reduction of 0.25% [1][2] - Fed Chair Jerome Powell indicated that future interest rate decisions may be complicated due to conflicting economic data, emphasizing that inflation remains high and the labor market has softened [2][4] - Analysts noted that markets had already anticipated the interest rate cut, and cryptocurrencies like Bitcoin and Ethereum saw minor fluctuations in response to Powell's comments [3][6] Cryptocurrency Market Reactions - Bitcoin rose slightly by over 1% after Powell's comments but later retraced those gains, trading at approximately $93,703 [3] - Ethereum also saw a minor increase, trading around $3,357, up nearly 2% [3] - XRP fluctuated, priced slightly over $2 during the same period [3] Federal Reserve's Position - The Federal Reserve has been divided on interest rate policies, with some members advocating for looser monetary policy [1][4] - Powell's term is set to expire in May, and there is speculation about potential changes in leadership and policy direction depending on political developments [4][5] Market Conditions and Future Outlook - The cryptocurrency market is expected to remain stable until May 2026 unless a bearish catalyst emerges [5] - Bitcoin's price has been affected by various factors, including political instability and liquidity issues in the digital asset markets [5][6] - Historically, cryptocurrencies have performed well in low-interest rate environments, and traders are banking on continued rate cuts to support digital asset prices [6][7]

The dollar logs its worst day in nearly three months after Fed Chair Jerome Powell highlighted labor market risks while downplaying inflation concerns https://t.co/aDwhOkd6Eg ...

Core Points - The Federal Reserve announced a 25 basis point rate cut, lowering the federal funds rate target range to 3.50%-3.75%, aligning with market expectations for a "hawkish cut" [1] - This marks the third consecutive rate cut by the Federal Reserve, totaling a cumulative reduction of 75 basis points for the year [2] - The decision was passed with a vote of 9 in favor and 3 against, indicating a split within the committee, with notable dissent from the Kansas City and Chicago Fed presidents [2][3] - The Fed's statement highlighted that further rate cuts would depend on evidence of deterioration in the labor market [4] - The threshold for future rate cuts has been raised, with the timing and magnitude of cuts now contingent on changes in economic outlook [5] - The "dot plot" indicates that the Fed expects only one more rate cut in 2026 and another in 2027, with rates projected to return to a long-term level of 3% [6] - The committee raised its GDP growth forecast for 2026 by 0.5 percentage points to 2.3%, while still anticipating inflation to remain above the 2% target until 2028 [8] - The Fed announced plans to resume purchasing U.S. Treasury securities, starting with $40 billion in short-term bonds, following concerns about pressures in the overnight funding market [8] - There are concerns regarding the independence of the Federal Reserve, as recent comments from the White House suggest dissatisfaction with the pace of rate cuts [8]

Japanese companies sold a record amount of yen-denominated bonds targeting individuals this year, the latest sign that sticky inflation is causing households to shift more of their $14.3 trillion of financial assets into riskier investments https://t.co/71246Gxyan ...

The economy may be in a place where more rate cuts from the Fed aren't needed. "Internally at Apollo, we do not think there's a need for a cut. There's nothing in the data that tells us that, but at the same time, I understand the decision," Apollo Global Management (APO) co-founder and CEO Marc Rowan exclusively told Yahoo Finance on Wednesday. Rowan spoke to Yahoo Finance moments before the Federal Reserve decided to cut rates by 25 basis points, the third cut of 2025. He noted that longer term, marke ...