US Stocks News Highlights September 27, 2022 | Anue – US Stocks

Today’s Trade Outlook

July US FHFA home price index, S&P 20 largest city home price index

US durable goods orders, new August home sales data

FOMC Voting Committee Statements: Cleveland Fed President Loretta Mester, Fed President St. Louis James Bullard

iPhone 14 Pro sales remain strong, Apple bucks trend and closes in red

JPMorgan analyst Samik Chatterjee released a report stating that, two weeks after the launch of Apple’s iPhone 14 series, demand for the high-end iPhone 14 Pro model is still strong, which bodes well for Apple’s net profit. (26th). ) went against the trend and closed in the red. Read the full article…

Fed Master: Restrictive rates need to last longer

Cleveland Federal Reserve Bank President Loretta Mester said on Monday (26th) that in order to beat stubborn inflation, further increases in interest rates are needed, and to avoid unmanageable interest rate hike expectations, restrictive interest rates need to continue for a longer period of time. In the process, unemployment will rise, but not more than 5%. Read the full article…

Bank of England: Will ‘without hesitation’ to change rates if necessary

The Bank of England said in a statement on Monday that it was “closely monitoring” developments in the financial markets and would change interest rates “without hesitation” if necessary, as sterling and gilts fell on the new fiscal plan Mohamed El -Erian, chief economic advisor at Allianz Group, urged the Bank of England to raise interest rates by 4 yards in a crisis in order to save the market from the crisis. Read the full article…

Boston Fed chief backs rate hike, inflation cut, sees soft landing still possible

Boston Fed President Susan Collins, who this year voted on the Federal Open Market Committee (FOMC) this year, made her first speech since taking office in July on Monday (26), arguing that monetary policy needs to be further tightened to curb high Inflation . has stagnated, and he has warned that unemployment could rise in the process, but recession is not inevitable. Read the full article…

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