라파엘 New Cian= Kim Na-hae reporter 라파엘 Atlanta Fed Governor Rafael Bostic said he expects three or four interest rate hikes this year. U.S. stocks responded to Dove’s remarks.
“Right now, we expect to raise interest rates three times this year,”Bostic said in an interview on CNBC’s “Squawk Box”on the 9th(local time),” but we’re leaning a little toward four, but we’ll have to see how the economy reacts after the first rate hike.”
These remarks are much more relaxed than the market forecast for five or six interest rate hikes this year. Governor Bostic’s remarks ∆Dow 35,768.06 (+0.86%) ∆S&P 500 Index 4,587.18 (+1.45%) ∆Nasdaq Index 14,490.37 (+2.08%)closed higher.
In particular, the low-cost buying tax has flowed into Big tech stocks, which have been falling in the meantime. Meta, which has been plummeting every day since the earnings announcement, rose 5.4%. Semiconductor company Nvidia rose 6.4% and Metavus industry’s leading runner Roblox rose 9.3%.
At the end of last month, Bostic left open the possibility of a 50bp ‘giant step’, but this time he drew the line at a 50bp increase.