{"id":62522,"date":"2023-09-18T12:34:42","date_gmt":"2023-09-18T16:34:42","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/inflation-pressure-and-the-fed\/"},"modified":"2023-09-18T12:34:45","modified_gmt":"2023-09-18T16:34:45","slug":"inflation-pressure-and-the-fed","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=62522","title":{"rendered":"Inflation Pressure And The Fed"},"content":{"rendered":"<div>\n<p><strong>Key Takeaways<\/strong><\/p>\n<ul>\n<li>FOMC Meeting Wednesday<\/li>\n<li>Interest Rates Pushing To Levels Not Seen In Over A Decade<\/li>\n<li>Oil Continues Moving Higher<\/li>\n<\/ul>\n<p>Heading into last Friday, market volatility wasn\u2019t really suggesting anything to worry about and perhaps we\u2019d even have a slow triple witching (expiration of listed options, futures and options on futures). Then again, markets have a way of catching you just when everything seems quiet. The S&amp;P 500 dropped 1.2% and the Nasdaq Composite fell 1.5%. However, despite those losses, markets were relatively unchanged for the week and volatility continues to hover at its recent low levels. The big story this week will be the Fed meeting at the conclusion of which, it\u2019s highly expected interest rates will remain unchanged.<\/p>\n<p>Although markets finished the week flat, September has seen stocks give back some of this year\u2019s gains. The S&amp;P 500 is down about 1.3%, while the Nasdaq Composite is off 2.3%. Shares of Apple<fbs-ticker data-name=\"AAPL\" data-href=\"https:\/\/www.forbes.com\/companies\/apple\" data-type=\"stock\"><br \/>\n  AAPL<br \/>\n <\/fbs-ticker> have fallen nearly 7% and market darling Nvidia is down 11%. At the same time, we\u2019re seeing an uptick in both interest rates and a surge in oil prices. Two-year yields are at 5.05% and the ten-year is at nearly 4.33%, putting rates at levels we haven\u2019t seen in over a decade.<\/p>\n<p>The jump in interest rates comes as oil continues moving higher, something I\u2019ve been talking about for a while now. Crude oil futures are over $91 in premarket trading and pushing up against their highs for the year. As I\u2019ve said, if there is one thing that can quickly jumpstart inflation, it\u2019s the price of oil. This is something I\u2019ll continue monitoring.<\/p>\n<p><fbs-ad position=\"inread\" progressive=\"\" ad-id=\"article-0-inread\" aria-hidden=\"true\" role=\"presentation\"><\/fbs-ad><\/p>\n<p>On a related note, as I mentioned above, it\u2019s Fed week. The Federal Reserve Open Market Committee (FOMC) will announce a decision on interest rates, Wednesday. Currently, according to CME projections, there is a 99% certainty rates will remain unchanged this month and 69% they will stay unchanged when the Fed meets again in November. In addition to our own Fed meeting this week, the Bank of England meets on Thursday and Bank of Japan will meet Friday. While I\u2019m not concerned about a surprise rate hike, I will be interested in the comments from Jerome Powell following the meeting for any hint as to what the Fed thinks moving forward.<\/p>\n<p>Elsewhere, United Auto Workers (UAW) are in their fourth day of targeted strikes at the three major automakers. As of this morning, all parties involved appear to still be far apart on any deal. On Sunday, UAW President Shawn Frain rejected an offer from Stellantis for a 21% pay increase and is seeking a 40% increase. Negotiations are scheduled to continue this week.<\/p>\n<p>Today after the close, Instacart is expected to price their IPO as the grocery delivery company seeks a $9B valuation. Shares are anticipated to begin trading tomorrow. Then on Wednesday after the close, we\u2019ll get the latest earnings report from FedEx<fbs-ticker data-name=\"FDX\" data-href=\"https:\/\/www.forbes.com\/companies\/fedex\" data-type=\"stock\"><br \/>\n  FDX<br \/>\n <\/fbs-ticker>. I\u2019m especially interested in what FedEx is forecasting as we move closer to the holiday season. FedEx is often a good proxy for online shopping. Finally this week, Existing Home Sales are scheduled for release on Thursday. The market for existing homes has been tight with many homeowners opting to stay put rather than face the prospect of taking on a higher mortgage interest rate if they moved. I don\u2019t expect any surprises when those numbers are released. As always, I would stick with your investing plan and long term objectives.<\/p>\n<p><em>tastytrade, Inc. commentary for educational purposes only. This content is not, nor is intended to be, trading or investment advice or a recommendation that any investment product or strategy is suitable for any person.<\/em><\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.forbes.com\/sites\/jjkinahan\/2023\/09\/18\/inflation-pressure-and-the-fed\/\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways FOMC Meeting Wednesday Interest Rates Pushing To Levels Not Seen In Over A Decade Oil Continues Moving Higher Heading into last Friday, market volatility wasn\u2019t really suggesting anything to worry about and perhaps we\u2019d even have a slow triple witching (expiration of listed options, futures and options on futures). Then again, markets have [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":62523,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-62522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Inflation Pressure And The Fed | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Key Takeaways FOMC Meeting Wednesday Interest Rates Pushing To Levels Not Seen In Over A Decade Oil Continues Moving Higher Heading into last Friday,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=62522\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inflation Pressure And The Fed | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Key Takeaways FOMC Meeting Wednesday Interest Rates Pushing To Levels Not Seen In Over A Decade Oil Continues Moving Higher Heading into last Friday,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=62522\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-18T16:34:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-18T16:34:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/09\/1695054883_0x0.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=62522#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=62522\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Inflation Pressure And The Fed\",\"datePublished\":\"2023-09-18T16:34:42+00:00\",\"dateModified\":\"2023-09-18T16:34:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=62522\"},\"wordCount\":624,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=62522#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=62522\",\"url\":\"https:\/\/ifintechworld.com\/?p=62522\",\"name\":\"Inflation Pressure And The Fed | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-09-18T16:34:42+00:00\",\"dateModified\":\"2023-09-18T16:34:45+00:00\",\"description\":\"Key Takeaways FOMC Meeting Wednesday Interest Rates Pushing To Levels Not Seen In Over A Decade Oil Continues Moving Higher Heading into last Friday,\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=62522#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=62522\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=62522#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Inflation Pressure And The Fed\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Inflation Pressure And The Fed | iFintechWorld","description":"Key Takeaways FOMC Meeting Wednesday Interest Rates Pushing To Levels Not Seen In Over A Decade Oil Continues Moving Higher Heading into last Friday,","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=62522","og_locale":"en_US","og_type":"article","og_title":"Inflation Pressure And The Fed | iFintechWorld","og_description":"Key Takeaways FOMC Meeting Wednesday Interest Rates Pushing To Levels Not Seen In Over A Decade Oil Continues Moving Higher Heading into last Friday,","og_url":"https:\/\/ifintechworld.com\/?p=62522","og_site_name":"iFintechWorld","article_published_time":"2023-09-18T16:34:42+00:00","article_modified_time":"2023-09-18T16:34:45+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/09\/1695054883_0x0.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=62522#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=62522"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Inflation Pressure And The Fed","datePublished":"2023-09-18T16:34:42+00:00","dateModified":"2023-09-18T16:34:45+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=62522"},"wordCount":624,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=62522#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=62522","url":"https:\/\/ifintechworld.com\/?p=62522","name":"Inflation Pressure And The Fed | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-09-18T16:34:42+00:00","dateModified":"2023-09-18T16:34:45+00:00","description":"Key Takeaways FOMC Meeting Wednesday Interest Rates Pushing To Levels Not Seen In Over A Decade Oil Continues Moving Higher Heading into last Friday,","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=62522#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=62522"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=62522#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Inflation Pressure And The Fed"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/62522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62522"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/62522\/revisions"}],"predecessor-version":[{"id":62524,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/62522\/revisions\/62524"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/62523"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}