


By Lindsay (NYSE:LNN) Dunsmuir
(Reuters) - The latest U.S. jobs figures are another sign that the economy is gradually slowing and should that continue the Federal Reserve can step down to a quarter percentage point interest rate hike at its next policy meeting, Atlanta Fed President Raphael Bostic said on Friday.
"Today I would be comfortable with either a 50 or a 25 (basis point increase). If I start to hear signs that the labor market is starting to ease a bit in terms of its tightness then I might lean more into the 25 basis point position," Bostic told broadcaster CNBC.
The economy maintained a strong pace of job growth in December, government data showed earlier on Friday, with the unemployment rate falling to 3.5%, but a moderation in wage gains heartened investors as the Fed aims to bring down high inflation without sparking mass layoffs.
Bostic said the data did not change his outlook and reiterated the central bank would need to raise rates further and hold them at that peak, in his forecast, until "well" into 2024 to tame inflation, which remains well above the Fed's 2% target.
"I've been looking for the economy to continually slow from the strong position it was at in the summer time," Bostic said. "This is just a next step in that...it's going incrementally...because of that we got to stay the course, inflation is too high, we need to reduce those imbalances."
He also cautioned against placing too much emphasis on the pace of wage growth, saying they were "not driving the dynamic" on inflation but still need careful monitoring.
Officials at the Fed, which raised borrowing costs last year at the fastest rate in 40 years to quell the pace of price increases, are eyeing a stopping point in its current tightening cycle this spring.
Their median forecast is for interest rates to peak at around 5.1%. The Fed's main policy rate currently sits in a target range of 4.25% to 4.50%. In his interview, Bostic said that he see rates topping out at between 5.00% and 5.25%.
Traders of futures tied to the Federal Reserve's policy rate priced in a stronger chance that the Fed would raise rates by a quarter percentage point instead of a half point move at the conclusion of its next policy meeting on Feb. 1 following the unemployment data.
Bostic said he does not see a recession this year and revealed he sees the unemployment rate rising to only 4% by year end, lower than many of his rate-setting colleagues.
EUR/USD
1.0636
-0.0022 (-0.21%)
Summary
SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (1)
Sell (4)
EUR/USD
1.0636
-0.0022 (-0.21%)
Summary
SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (1)
Sell (4)
GBP/USD
1.2248
-0.0046 (-0.38%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (6)
Sell (1)
USD/JPY
148.26
+0.69 (+0.46%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (2)
AUD/USD
0.6443
+0.0026 (+0.41%)
Summary
↑ SellMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (2)
Sell (8)
USD/CAD
1.3451
-0.0032 (-0.24%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (1)
Sell (7)
EUR/JPY
157.71
+0.34 (+0.22%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (8)
Sell (1)
EUR/CHF
0.9647
+0.0003 (+0.03%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (9)
Sell (1)
Gold Futures
1,944.55
+4.95 (+0.26%)
Summary
NeutralMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (4)
Sell (3)
Silver Futures
23.942
+0.255 (+1.08%)
Summary
NeutralMoving Avg:
Buy (7)
Sell (5)
Indicators:
Buy (4)
Sell (4)
Copper Futures
3.7218
+0.0258 (+0.70%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (1)
Sell (10)
Crude Oil WTI Futures
90.60
+0.97 (+1.08%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (7)
Sell (1)
Brent Oil Futures
94.11
+0.81 (+0.87%)
Summary
↑ BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (7)
Sell (2)
Natural Gas Futures
2.638
+0.028 (+1.07%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (6)
Sell (2)
US Coffee C Futures
155.40
+0.55 (+0.36%)
Summary
↑ SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (0)
Sell (8)
Euro Stoxx 50
4,202.25
-10.34 (-0.25%)
Summary
NeutralMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (3)
Sell (6)
S&P 500
4,330.00
-72.20 (-1.64%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (9)
DAX
15,548.05
-23.81 (-0.15%)
Summary
BuyMoving Avg:
Buy (10)
Sell (2)
Indicators:
Buy (4)
Sell (2)
FTSE 100
7,725.28
+46.66 (+0.61%)
Summary
↑ SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (0)
Sell (7)
Hang Seng
18,085.00
+457.50 (+2.60%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (0)
US Small Cap 2000
1,780.05
-30.05 (-1.66%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (9)
IBEX 35
9,528.40
-20.50 (-0.21%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (0)
Sell (9)
BASF SE NA O.N.
43.180
-0.285 (-0.66%)
Summary
SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (3)
Sell (5)
Bayer AG NA
47.88
+0.10 (+0.21%)
Summary
NeutralMoving Avg:
Buy (7)
Sell (5)
Indicators:
Buy (2)
Sell (6)
Allianz SE VNA O.N.
232.90
+2.95 (+1.28%)
Summary
↑ SellMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (0)
Sell (8)
Adidas AG
162.88
+0.07 (+0.04%)
Summary
NeutralMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (4)
Sell (4)
Deutsche Lufthansa AG
8.023
-0.043 (-0.53%)
Summary
BuyMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (7)
Sell (1)
Siemens AG Class N
133.95
+0.27 (+0.20%)
Summary
↑ BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (7)
Sell (1)
Deutsche Bank AG
10.200
+0.108 (+1.07%)
Summary
↑ BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (6)
Sell (1)
EUR/USD | 1.0636 | Sell | |||
GBP/USD | 1.2248 | ↑ Buy | |||
USD/JPY | 148.26 | ↑ Buy | |||
AUD/USD | 0.6443 | ↑ Sell | |||
USD/CAD | 1.3451 | ↑ Sell | |||
EUR/JPY | 157.71 | ↑ Buy | |||
EUR/CHF | 0.9647 | ↑ Buy |
Gold | 1,944.55 | Neutral | |||
Silver | 23.942 | Neutral | |||
Copper | 3.7218 | ↑ Sell | |||
Crude Oil WTI | 90.60 | ↑ Buy | |||
Brent Oil | 94.11 | ↑ Buy | |||
Natural Gas | 2.638 | ↑ Buy | |||
US Coffee C | 155.40 | ↑ Sell |
Euro Stoxx 50 | 4,202.25 | Neutral | |||
S&P 500 | 4,330.00 | ↑ Sell | |||
DAX | 15,548.05 | Buy | |||
FTSE 100 | 7,725.28 | ↑ Sell | |||
Hang Seng | 18,085.00 | ↑ Buy | |||
Small Cap 2000 | 1,780.05 | ↑ Sell | |||
IBEX 35 | 9,528.40 | ↑ Sell |
BASF | 43.180 | Sell | |||
Bayer | 47.88 | Neutral | |||
Allianz | 232.90 | ↑ Sell | |||
Adidas | 162.88 | Neutral | |||
Lufthansa | 8.023 | Buy | |||
Siemens AG | 133.95 | ↑ Buy | |||
Deutsche Bank AG | 10.200 | ↑ Buy |
Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
---|---|
SJC Eximbank | 6,845![]() ![]() (0/ 0) # 1,209 |
SJC HCM | 6,835![]() ![]() (0/ 0) # 1,218 |
SJC Hanoi | 6,835![]() ![]() (0/ 0) # 1,220 |
SJC Danang | 6,835![]() ![]() (0/ 0) # 1,220 |
SJC Nhatrang | 6,835![]() ![]() (0/ 0) # 1,220 |
SJC Cantho | 6,835![]() ![]() (0/ 0) # 1,220 |
Cập nhật 22-09-2023 18:03:44 | |
Xem lịch sử giá vàng SJC: nhấn đây! |
ↀ Giá vàng thế giới | ||
---|---|---|
$1,924.65 | +3.19 | 0.17% |
ʘ Giá bán lẻ xăng dầu | ||
---|---|---|
Sản phẩm | Vùng 1 | Vùng 2 |
RON 95-V | 26.270 | 26.790 |
RON 95-III | 25.740 | 26.250 |
E5 RON 92-II | 24.190 | 24.670 |
DO 0.05S | 23.590 | 24.060 |
DO 0,001S-V | 24.450 | 24.930 |
Dầu hỏa 2-K | 23.810 | 24.280 |
ↂ Giá dầu thô thế giới | |||
---|---|---|---|
WTI | $90.30 | +8.3 | 0.10% |
Brent | $93.14 | +7.48 | 0.09% |
$ Tỷ giá Vietcombank | ||
---|---|---|
Ngoại tệ | Mua vào | Bán ra |
USD | 24.160,00 | 24.530,00 |
EUR | 25.268,44 | 26.681,69 |
GBP | 29.070,81 | 30.308,53 |
JPY | 160,27 | 169,69 |
KRW | 15,78 | 19,23 |
Cập nhật lúc 17:58:57 22/09/2023 Xem bảng tỷ giá hối đoái |