Sentences with phrase «point of the tightening cycle»

Rather than a traditional offsetting relationship at this early point of the tightening cycle, the near - term interest rate outlook and the near - term profits outlook are both negative.

Not exact matches

But he also points out that 10 of the 13 postwar Fed tightening cycles have ended in unexpected recessions.

As CNBC anchor Becky Quick pointed out this morning during their segment in which I joined, we may be entering that phase of the cycle where good news on Main St. is bad news on Wall St.. That is, accelerating wage growth may lead the Federal Reserve to tighten faster, slowing overall growth more than currently expected.

Since the beginning of its current tightening cycle in June 2004, the federal funds rate has been increased from 1.0 per cent to 2.5 per cent in increments of 25 basis points at each Federal Open Market Committee (FOMC) meeting.

Using duration of the tightening cycle or «time» as the benchmark (i.e. splitting up the various phases by 25 % increments), the S&P 500 was up an average 3.6 % (median +2.4 %); using «duration» or basis - point change as the benchmark, the first 25 % of the cycle sees an average gain of 7.2 % (median of +5.6 %).

The Reserve Bank of New Zealand raised its target rate by 25 basis points to 6.75 per cent in March, taking the cumulative increase since this tightening cycle began in early 2004 to 175 basis points.

It was pretty tough to dislodge William Poole, but if anyone could win the coveted «FOMC Loose Cannon» award in a single day, it would be Richard Fisher, after suggesting that the FOMC was «clearly in the eighth inning of a tightening cycle, we've been doing 25 basis points per inning, it's been very transparent, and very well projected by the Federal Open Market Committee under the leadership of Chairman Greenspan,» and, «We're in the eighth inning.

My main point is this: even with the great powers that a central bank has, the next tightening cycle has ample reason for large negative surprises, leading to a premature end of the tightening cycle, and more muddling thereafter, or possibly, some scenario that the Treasury and Fed can't control.