Market Updates
Fed Policy Committee Favors Restrictive Stance and Larger Future Rate Hikes
Brian Turner
06 Jul, 2022
New York City
Fears of accelerating inflation and elevated prices across a broad category of products and services drove policymakers to a large rate hike at its last meeting in June.
The latest Fed's minutes of meeting held on June 14-15 and released today showed that policy members "agreed that inflation remained elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures."
The committee also held out for larger and faster rate increases if the economic conditions warrant and inflation remained elevated.
Fed policy members also held out for a rate hike of 50 or 75 basis points at its next two-day meeting on July 26 and the committee members also favored a restrictive stance of policy.
The yield on 10-year Treasury notes increased to 2.93% after the release of the Fed minutes, reflecting a more aggressive central bank.
Annual Returns
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|