Daly Sees Fed Raising Rates Above 5%, But How Far Is Unclear
Tuesday, January 10, 2023
© Bloomberg. Mary Daly (Bloomberg) -- Federal Reserve Bank of San Francisco President Mary Daly said she expects the central bank to raise interest rates to somewhere above 5% before pausing, though the ultimate level is unclear and will depend on incoming data on inflation.
As for the Fed’s next meeting at the end of the month, the central bank could either raise rates by 50 basis points for a second straight time or slow down to a quarter-point hike, Daly said Monday in a live-streamed interview with the Wall Street Journal.
“Doing it in more gradual steps does give you the ability to respond to incoming information,” said Daly, who doesn’t vote on rates this year. She stressed that it’s too early to “declare victory” over persistent inflation.
The Fed slowed down its rate-hike pace at its December meeting while emphasizing that additional tightening is coming and that borrowing costs will likely remain at high levels for some time in order to bring inflation down to the central bank’s 2% target.
Daly last month said she sees rates remaining restrictive for longer than seen by markets, which have cuts priced in for this year. She said holding the federal funds rate at its peak for 11 months is a “reasonable starting point.”
Fed officials meet on Jan. 31 and Feb. 1 and are expected to deliver either another 50-basis point rate hike or further slow the pace to a quarter percentage point, though traders see the latter as more likely. A report Friday showed hiring in the US labor market remained robust in December while wage gains cooled.
©2023 Bloomberg L.P.
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APPROVED BROKERS
07-02-2023 20:50:09 (UTC+7)
EUR/USD
1.0699
-0.0031 (-0.29%)
Summary
↑ BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (9)
Sell (0)
EUR/USD
1.0699
-0.0031 (-0.29%)
Summary
↑ BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (9)
Sell (0)
GBP/USD
1.1982
-0.0034 (-0.28%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (9)
Sell (0)
USD/JPY
131.82
-0.82 (-0.62%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (7)
AUD/USD
0.6910
+0.0029 (+0.43%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (5)
Sell (1)
USD/CAD
1.3442
-0.0004 (-0.03%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (3)
Sell (5)
EUR/JPY
141.02
-1.30 (-0.92%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (8)
EUR/CHF
0.9901
-0.0059 (-0.59%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (7)
Gold Futures
1,882.25
+2.75 (+0.15%)
Summary
↑ BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (8)
Sell (0)
Silver Futures
22.273
+0.036 (+0.16%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (8)
Sell (0)
Copper Futures
4.0280
-0.0070 (-0.17%)
Summary
BuyMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (8)
Sell (0)
Crude Oil WTI Futures
75.45
+1.34 (+1.81%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
Brent Oil Futures
82.25
+1.26 (+1.56%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
Natural Gas Futures
2.527
+0.070 (+2.85%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (1)
US Coffee C Futures
176.23
+0.53 (+0.30%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (5)
Sell (3)
Euro Stoxx 50
4,197.45
-8.00 (-0.19%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (1)
Sell (9)
S&P 500
4,111.08
-25.40 (-0.61%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (8)
Sell (1)
DAX
15,285.35
-60.56 (-0.39%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (0)
Sell (8)
FTSE 100
7,863.90
+27.19 (+0.35%)
Summary
NeutralMoving Avg:
Buy (3)
Sell (9)
Indicators:
Buy (5)
Sell (3)
Hang Seng
21,298.70
+76.54 (+0.36%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (1)
Sell (6)
US Small Cap 2000
1,957.72
-27.82 (-1.40%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (2)
Sell (5)
IBEX 35
9,168.71
+9.51 (+0.10%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (1)
Sell (9)
BASF SE NA O.N.
52.685
-0.265 (-0.50%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (9)
Bayer AG NA
58.51
+0.32 (+0.55%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (8)
Allianz SE VNA O.N.
219.07
-0.23 (-0.10%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (5)
Sell (2)
Adidas AG
153.32
-2.04 (-1.31%)
Summary
BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (5)
Sell (1)
Deutsche Lufthansa AG
9.670
-0.133 (-1.36%)
Summary
BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (5)
Sell (2)
Siemens AG Class N
141.41
-1.55 (-1.08%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (9)
Deutsche Bank AG
11.475
+0.119 (+1.05%)
Summary
↑ SellMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (0)
Sell (9)
| EUR/USD | 1.0699 | ↑ Buy | |||
| GBP/USD | 1.1982 | ↑ Buy | |||
| USD/JPY | 131.82 | ↑ Sell | |||
| AUD/USD | 0.6910 | Neutral | |||
| USD/CAD | 1.3442 | Neutral | |||
| EUR/JPY | 141.02 | ↑ Sell | |||
| EUR/CHF | 0.9901 | ↑ Sell |
| Gold | 1,882.25 | ↑ Buy | |||
| Silver | 22.273 | ↑ Buy | |||
| Copper | 4.0280 | Buy | |||
| Crude Oil WTI | 75.45 | ↑ Buy | |||
| Brent Oil | 82.25 | ↑ Buy | |||
| Natural Gas | 2.527 | ↑ Buy | |||
| US Coffee C | 176.23 | Neutral |
| Euro Stoxx 50 | 4,197.45 | ↑ Sell | |||
| S&P 500 | 4,111.08 | ↑ Buy | |||
| DAX | 15,285.35 | ↑ Sell | |||
| FTSE 100 | 7,863.90 | Neutral | |||
| Hang Seng | 21,298.70 | ↑ Sell | |||
| Small Cap 2000 | 1,957.72 | ↑ Sell | |||
| IBEX 35 | 9,168.71 | ↑ Sell |
| BASF | 52.685 | ↑ Sell | |||
| Bayer | 58.51 | ↑ Sell | |||
| Allianz | 219.07 | Neutral | |||
| Adidas | 153.32 | Buy | |||
| Lufthansa | 9.670 | Buy | |||
| Siemens AG | 141.41 | ↑ Sell | |||
| Deutsche Bank AG | 11.475 | ↑ Sell |
| Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
|---|---|
| SJC Eximbank | 6,650 / 6,710 (10 / 10) # 1,344 |
| SJC HCM | 6,655/ 6,735 (15 / 15) # 1,371 |
| SJC Hanoi | 6,655/ 6,737 (15 / 15) # 1,373 |
| SJC Danang | 6,655/ 6,737 (15 / 15) # 1,373 |
| SJC Nhatrang | 6,655/ 6,737 (15 / 15) # 1,373 |
| SJC Cantho | 6,655/ 6,737 (15 / 15) # 1,373 |
| Cập nhật 07-02-2023 20:50:12 | |
| Xem lịch sử giá vàng SJC: nhấn đây! | |
| ↀ Giá vàng thế giới | ||
|---|---|---|
| $1,868.50 | +0.21 | 0.01% |
| ʘ Giá bán lẻ xăng dầu | ||
|---|---|---|
| Sản phẩm | Vùng 1 | Vùng 2 |
| RON 95-V | 24.000 | 24.480 |
| RON 95-III | 23.140 | 23.600 |
| E5 RON 92-II | 22.320 | 22.760 |
| DO 0.05S | 22.520 | 22.970 |
| DO 0,001S-V | 24.280 | 24.760 |
| Dầu hỏa 2-K | 22.570 | 23.020 |
| ↂ Giá dầu thô thế giới | |||
|---|---|---|---|
| WTI | $75.66 | -0.9 | -1.20% |
| Brent | $82.08 | -0.87 | -1.08% |
| $ Tỷ giá Vietcombank | ||
|---|---|---|
| Ngoại tệ | Mua vào | Bán ra |
| USD | 23.420,00 | 23.790,00 |
| EUR | 24.663,78 | 26.055,52 |
| GBP | 27.653,47 | 28.844,48 |
| JPY | 174,04 | 184,33 |
| KRW | 16,19 | 19,73 |
| Cập nhật lúc 18:50:03 07/02/2023 Xem bảng tỷ giá hối đoái | ||
