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2021-09-23
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Boeing to build its first foreign assembly plant
New York (CNN Business)Boeing, the largest US exporter, announced plans Wednesday for its first fore
Boeing to build its first foreign assembly plant
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Boeing to build its first foreign assembly plant
New York (CNN Business)Boeing, the largest US exporter, announced plans Wednesday for its first fore
Boeing to build its first foreign assembly plant
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2021-09-23
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Why everything changed for the Federal Reserve
London (CNN Business)Six weeks ago, the Federal Reserve was sending signals that it was time to star
Why everything changed for the Federal Reserve
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But it is an interesting step away from the United States for the company.</p>\n<p>Boeing's defense, space and security division has been its most solid revenue stream during the difficult past few years for Boeing. The unit has reported $26 billion in revenue every year since 2018, while the company's commercial aircraft revenue plunged $41 billion, or 72%, in the face of the 737 Max crisis and the pandemic.</p>\n<p>In 2020 about 83% of that defense business came from the US Defense Department. But the division does have significant foreign clients as well.</p>\n<p>A huge part of Boeing's main business comes from overseas. In 2018, the year the aircraft maker posted record revenue of $101 billion, 56% of those dollars came from foreign customers.</p>\n<p>Boeing's Australia operations team designed the drone, known as the Loyal Wingman, to be built there. The factory is expected to create 3,500 new full-time jobs by 2028. Currently the Australian Air Force is the only confirmed customer for the drone, but Boeing plans to export it to other military customers around the world.</p>\n<p>The news comes on the heels of a separate announcement that Australia intends to build a fleet of nuclear powered submarines with the use of technology being shared by the United States and United Kingdom. That move is seen as an effort by the United States to rein in China's growing military ambitions in the region.</p>\n<p>There was a time when US manufacturing giants made all or virtually all of their products in the United States. Boeing (BA) is all but alone in making that claim today. For example, General Motors (GM) and Ford (F) both build more cars in non-US plants, in countries such as China and Mexico, than they do in the United States.</p>\n<p>Part of the reason that automakers and other manufacturers build their products elsewhere, beyond lower labor costs, is to reduce delivery time and expense when selling to foreign markets. That is not as significant an issue for Boeing, which can fly most of the products it makes to its customers.</p>\n<p>Boeing already had its largest non-US operation in Australia, with about 4,000 employees, some of them doing pre-assembly work on parts that are shipped to the company's US factories.</p>\n<p>It also has a facility in China which was set up to complete the interiors and final painting on the 737 Max commercial jets it is selling there. Part of the reason for locating the plant there was to placate the Chinese government, which must sign off on all jet sales into the country.</p>\n<p>But that facility, which opened in late 2018, completed only a single 737 Max before two fatal crashes caused a global grounding of the plane.</p>\n<p>Although most countries are again allowing the plane to carry passengers, the 737 Max remains grounded in China. Meanwhile amid the rising trade tensions between China and the United States, Boeing's sales into China have slowed to a trickle.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Boeing to build its first foreign assembly plant</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBoeing to build its first foreign assembly plant\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-23 11:11 GMT+8 <a href=https://edition.cnn.com/2021/09/22/business/boeing-foreign-plant/index.html><strong>CNN</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business)Boeing, the largest US exporter, announced plans Wednesday for its first foreign production plant to perform final assembly work.\nThe plant, to be built in Toowoomba, Australia,...</p>\n\n<a href=\"https://edition.cnn.com/2021/09/22/business/boeing-foreign-plant/index.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音"},"source_url":"https://edition.cnn.com/2021/09/22/business/boeing-foreign-plant/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163634354","content_text":"New York (CNN Business)Boeing, the largest US exporter, announced plans Wednesday for its first foreign production plant to perform final assembly work.\nThe plant, to be built in Toowoomba, Australia, will assemble military drones, not commercial jets, which is Boeing's primary business. But it is an interesting step away from the United States for the company.\nBoeing's defense, space and security division has been its most solid revenue stream during the difficult past few years for Boeing. The unit has reported $26 billion in revenue every year since 2018, while the company's commercial aircraft revenue plunged $41 billion, or 72%, in the face of the 737 Max crisis and the pandemic.\nIn 2020 about 83% of that defense business came from the US Defense Department. But the division does have significant foreign clients as well.\nA huge part of Boeing's main business comes from overseas. In 2018, the year the aircraft maker posted record revenue of $101 billion, 56% of those dollars came from foreign customers.\nBoeing's Australia operations team designed the drone, known as the Loyal Wingman, to be built there. The factory is expected to create 3,500 new full-time jobs by 2028. Currently the Australian Air Force is the only confirmed customer for the drone, but Boeing plans to export it to other military customers around the world.\nThe news comes on the heels of a separate announcement that Australia intends to build a fleet of nuclear powered submarines with the use of technology being shared by the United States and United Kingdom. That move is seen as an effort by the United States to rein in China's growing military ambitions in the region.\nThere was a time when US manufacturing giants made all or virtually all of their products in the United States. Boeing (BA) is all but alone in making that claim today. For example, General Motors (GM) and Ford (F) both build more cars in non-US plants, in countries such as China and Mexico, than they do in the United States.\nPart of the reason that automakers and other manufacturers build their products elsewhere, beyond lower labor costs, is to reduce delivery time and expense when selling to foreign markets. That is not as significant an issue for Boeing, which can fly most of the products it makes to its customers.\nBoeing already had its largest non-US operation in Australia, with about 4,000 employees, some of them doing pre-assembly work on parts that are shipped to the company's US factories.\nIt also has a facility in China which was set up to complete the interiors and final painting on the 737 Max commercial jets it is selling there. Part of the reason for locating the plant there was to placate the Chinese government, which must sign off on all jet sales into the country.\nBut that facility, which opened in late 2018, completed only a single 737 Max before two fatal crashes caused a global grounding of the plane.\nAlthough most countries are again allowing the plane to carry passengers, the 737 Max remains grounded in China. Meanwhile amid the rising trade tensions between China and the United States, Boeing's sales into China have slowed to a trickle.","news_type":1,"symbols_score_info":{"BA":0.9}},"isVote":1,"tweetType":1,"viewCount":2452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863155688,"gmtCreate":1632367165444,"gmtModify":1676530764922,"author":{"id":"4093316039832790","authorId":"4093316039832790","name":"Justinjj","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093316039832790","authorIdStr":"4093316039832790"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/863155688","repostId":"1163634354","repostType":4,"repost":{"id":"1163634354","kind":"news","pubTimestamp":1632366682,"share":"https://ttm.financial/m/news/1163634354?lang=en_US&edition=fundamental","pubTime":"2021-09-23 11:11","market":"us","language":"en","title":"Boeing to build its first foreign assembly plant","url":"https://stock-news.laohu8.com/highlight/detail?id=1163634354","media":"CNN","summary":"New York (CNN Business)Boeing, the largest US exporter, announced plans Wednesday for its first fore","content":"<p>New York (CNN Business)Boeing, the largest US exporter, announced plans Wednesday for its first foreign production plant to perform final assembly work.</p>\n<p>The plant, to be built in Toowoomba, Australia, will assemble military drones, not commercial jets, which is Boeing's primary business. But it is an interesting step away from the United States for the company.</p>\n<p>Boeing's defense, space and security division has been its most solid revenue stream during the difficult past few years for Boeing. The unit has reported $26 billion in revenue every year since 2018, while the company's commercial aircraft revenue plunged $41 billion, or 72%, in the face of the 737 Max crisis and the pandemic.</p>\n<p>In 2020 about 83% of that defense business came from the US Defense Department. But the division does have significant foreign clients as well.</p>\n<p>A huge part of Boeing's main business comes from overseas. In 2018, the year the aircraft maker posted record revenue of $101 billion, 56% of those dollars came from foreign customers.</p>\n<p>Boeing's Australia operations team designed the drone, known as the Loyal Wingman, to be built there. The factory is expected to create 3,500 new full-time jobs by 2028. Currently the Australian Air Force is the only confirmed customer for the drone, but Boeing plans to export it to other military customers around the world.</p>\n<p>The news comes on the heels of a separate announcement that Australia intends to build a fleet of nuclear powered submarines with the use of technology being shared by the United States and United Kingdom. That move is seen as an effort by the United States to rein in China's growing military ambitions in the region.</p>\n<p>There was a time when US manufacturing giants made all or virtually all of their products in the United States. Boeing (BA) is all but alone in making that claim today. For example, General Motors (GM) and Ford (F) both build more cars in non-US plants, in countries such as China and Mexico, than they do in the United States.</p>\n<p>Part of the reason that automakers and other manufacturers build their products elsewhere, beyond lower labor costs, is to reduce delivery time and expense when selling to foreign markets. That is not as significant an issue for Boeing, which can fly most of the products it makes to its customers.</p>\n<p>Boeing already had its largest non-US operation in Australia, with about 4,000 employees, some of them doing pre-assembly work on parts that are shipped to the company's US factories.</p>\n<p>It also has a facility in China which was set up to complete the interiors and final painting on the 737 Max commercial jets it is selling there. Part of the reason for locating the plant there was to placate the Chinese government, which must sign off on all jet sales into the country.</p>\n<p>But that facility, which opened in late 2018, completed only a single 737 Max before two fatal crashes caused a global grounding of the plane.</p>\n<p>Although most countries are again allowing the plane to carry passengers, the 737 Max remains grounded in China. Meanwhile amid the rising trade tensions between China and the United States, Boeing's sales into China have slowed to a trickle.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Boeing to build its first foreign assembly plant</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBoeing to build its first foreign assembly plant\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-23 11:11 GMT+8 <a href=https://edition.cnn.com/2021/09/22/business/boeing-foreign-plant/index.html><strong>CNN</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business)Boeing, the largest US exporter, announced plans Wednesday for its first foreign production plant to perform final assembly work.\nThe plant, to be built in Toowoomba, Australia,...</p>\n\n<a href=\"https://edition.cnn.com/2021/09/22/business/boeing-foreign-plant/index.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音"},"source_url":"https://edition.cnn.com/2021/09/22/business/boeing-foreign-plant/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163634354","content_text":"New York (CNN Business)Boeing, the largest US exporter, announced plans Wednesday for its first foreign production plant to perform final assembly work.\nThe plant, to be built in Toowoomba, Australia, will assemble military drones, not commercial jets, which is Boeing's primary business. But it is an interesting step away from the United States for the company.\nBoeing's defense, space and security division has been its most solid revenue stream during the difficult past few years for Boeing. The unit has reported $26 billion in revenue every year since 2018, while the company's commercial aircraft revenue plunged $41 billion, or 72%, in the face of the 737 Max crisis and the pandemic.\nIn 2020 about 83% of that defense business came from the US Defense Department. But the division does have significant foreign clients as well.\nA huge part of Boeing's main business comes from overseas. In 2018, the year the aircraft maker posted record revenue of $101 billion, 56% of those dollars came from foreign customers.\nBoeing's Australia operations team designed the drone, known as the Loyal Wingman, to be built there. The factory is expected to create 3,500 new full-time jobs by 2028. Currently the Australian Air Force is the only confirmed customer for the drone, but Boeing plans to export it to other military customers around the world.\nThe news comes on the heels of a separate announcement that Australia intends to build a fleet of nuclear powered submarines with the use of technology being shared by the United States and United Kingdom. That move is seen as an effort by the United States to rein in China's growing military ambitions in the region.\nThere was a time when US manufacturing giants made all or virtually all of their products in the United States. Boeing (BA) is all but alone in making that claim today. For example, General Motors (GM) and Ford (F) both build more cars in non-US plants, in countries such as China and Mexico, than they do in the United States.\nPart of the reason that automakers and other manufacturers build their products elsewhere, beyond lower labor costs, is to reduce delivery time and expense when selling to foreign markets. That is not as significant an issue for Boeing, which can fly most of the products it makes to its customers.\nBoeing already had its largest non-US operation in Australia, with about 4,000 employees, some of them doing pre-assembly work on parts that are shipped to the company's US factories.\nIt also has a facility in China which was set up to complete the interiors and final painting on the 737 Max commercial jets it is selling there. Part of the reason for locating the plant there was to placate the Chinese government, which must sign off on all jet sales into the country.\nBut that facility, which opened in late 2018, completed only a single 737 Max before two fatal crashes caused a global grounding of the plane.\nAlthough most countries are again allowing the plane to carry passengers, the 737 Max remains grounded in China. Meanwhile amid the rising trade tensions between China and the United States, Boeing's sales into China have slowed to a trickle.","news_type":1,"symbols_score_info":{"BA":0.9}},"isVote":1,"tweetType":1,"viewCount":2832,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863155104,"gmtCreate":1632367155208,"gmtModify":1676530764901,"author":{"id":"4093316039832790","authorId":"4093316039832790","name":"Justinjj","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093316039832790","authorIdStr":"4093316039832790"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/863155104","repostId":"1115178966","repostType":4,"repost":{"id":"1115178966","kind":"news","pubTimestamp":1632366811,"share":"https://ttm.financial/m/news/1115178966?lang=en_US&edition=fundamental","pubTime":"2021-09-23 11:13","market":"us","language":"en","title":"Why everything changed for the Federal Reserve","url":"https://stock-news.laohu8.com/highlight/detail?id=1115178966","media":"CNN","summary":"London (CNN Business)Six weeks ago, the Federal Reserve was sending signals that it was time to star","content":"<p>London (CNN Business)Six weeks ago, the Federal Reserve was sending signals that it was time to start backing away from crisis-era support for the US economy.</p>\n<p>\"It's not clear to me that we're really doing anything useful here,\" St. Louis Federal Reserve Bank President James Bullard said on Aug. 10 of the Fed's $120 billion in monthly bond purchases.</p>\n<p>Dallas Fed President Robert Kaplan agreed. \"What I don't want to do is keeping running at this speed for too long, and then we're going to have to take more aggressive action down the road,\" he told CNBC around the same time.</p>\n<p>But the picture has changed since then, and when the Fed makes its latest policy announcement on Wednesday, it's expected to reiterate that for now, at least, it's sitting tight.</p>\n<p>\"A no change decision at the upcoming [Fed] meeting looks a foregone conclusion,\" ING strategists wrote in a recent note to clients, pointing to Chair Jerome Powell's remarks at the Jackson Hole symposium last month, which indicated that the central bank is not in a rush to change course.</p>\n<p>Breaking it down: Inflation is still running hot. The Personal Consumption Expenditures Price Index, the Fed's favorite measure, rose at a rate of 4.2% in the year ended July, the fastest pace since January 1991. That's more than double the central bank's 2% target.</p>\n<p>This month, a number of companies have revised down their earnings expectations as a result of higher prices. PPG (PPG), which makes paints and coatings, said third quarter sales volumes would be $225 million to $275 million lower, citing supply chain problems and raw material inflation. Competitor Sherwin-Williams (SHW) made a similar announcement.</p>\n<p>Some economic data also indicates the US economy is powering through the impact of the Delta variant. Counter to expectations, US retail sales increased last month as consumers shelled out on clothing, furniture and groceries.</p>\n<p>Taken together, inflation readings and signs of economic resilience should be encouraging the Fed to act sooner rather than later. But Wall Street now thinks the central bank will make this call in November, with the tapering of bond purchases starting by near end.</p>\n<p>Why? Simply because the situation remains murky. In August, spending at restaurants was flat month-over-month, indicating Delta concerns are having some effect on consumers. And the most recent US jobs report showed that just 235,000 positions were added in August, a major disappointment.</p>\n<p>\"Ultimately, the determination of the decision on tapering likely comes down to the pace of labor market improvement over coming months,\" Ellen Zentner, Morgan Stanley's chief US economist, said in a research note. She thinks the Fed will delay a tapering announcement until December so it can parse more jobs data.</p>\n<p>Watch this space: With agreement that the Fed is on hold for the time being, the most market-sensitive moment of Wednesday's announcement is likely to be the release of the central bank's latest economic forecasts, as well as its \"dot plot,\" which tracks expectations for when interest rate hikes will kick in.</p>\n<p>In the last update, seven out of 18 Fed officials said rate increases would likely start in 2022. ING thinks it's conceivable that \"one or two more bring their forecast forward\" to next year. \"We suspect the median stays at 2023 for now, but it will be a close call,\" the bank predicts.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why everything changed for the Federal Reserve</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy everything changed for the Federal Reserve\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-23 11:13 GMT+8 <a href=https://edition.cnn.com/2021/09/22/investing/premarket-stocks-trading/index.html><strong>CNN</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>London (CNN Business)Six weeks ago, the Federal Reserve was sending signals that it was time to start backing away from crisis-era support for the US economy.\n\"It's not clear to me that we're really ...</p>\n\n<a href=\"https://edition.cnn.com/2021/09/22/investing/premarket-stocks-trading/index.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://edition.cnn.com/2021/09/22/investing/premarket-stocks-trading/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115178966","content_text":"London (CNN Business)Six weeks ago, the Federal Reserve was sending signals that it was time to start backing away from crisis-era support for the US economy.\n\"It's not clear to me that we're really doing anything useful here,\" St. Louis Federal Reserve Bank President James Bullard said on Aug. 10 of the Fed's $120 billion in monthly bond purchases.\nDallas Fed President Robert Kaplan agreed. \"What I don't want to do is keeping running at this speed for too long, and then we're going to have to take more aggressive action down the road,\" he told CNBC around the same time.\nBut the picture has changed since then, and when the Fed makes its latest policy announcement on Wednesday, it's expected to reiterate that for now, at least, it's sitting tight.\n\"A no change decision at the upcoming [Fed] meeting looks a foregone conclusion,\" ING strategists wrote in a recent note to clients, pointing to Chair Jerome Powell's remarks at the Jackson Hole symposium last month, which indicated that the central bank is not in a rush to change course.\nBreaking it down: Inflation is still running hot. The Personal Consumption Expenditures Price Index, the Fed's favorite measure, rose at a rate of 4.2% in the year ended July, the fastest pace since January 1991. That's more than double the central bank's 2% target.\nThis month, a number of companies have revised down their earnings expectations as a result of higher prices. PPG (PPG), which makes paints and coatings, said third quarter sales volumes would be $225 million to $275 million lower, citing supply chain problems and raw material inflation. Competitor Sherwin-Williams (SHW) made a similar announcement.\nSome economic data also indicates the US economy is powering through the impact of the Delta variant. Counter to expectations, US retail sales increased last month as consumers shelled out on clothing, furniture and groceries.\nTaken together, inflation readings and signs of economic resilience should be encouraging the Fed to act sooner rather than later. But Wall Street now thinks the central bank will make this call in November, with the tapering of bond purchases starting by near end.\nWhy? Simply because the situation remains murky. In August, spending at restaurants was flat month-over-month, indicating Delta concerns are having some effect on consumers. And the most recent US jobs report showed that just 235,000 positions were added in August, a major disappointment.\n\"Ultimately, the determination of the decision on tapering likely comes down to the pace of labor market improvement over coming months,\" Ellen Zentner, Morgan Stanley's chief US economist, said in a research note. She thinks the Fed will delay a tapering announcement until December so it can parse more jobs data.\nWatch this space: With agreement that the Fed is on hold for the time being, the most market-sensitive moment of Wednesday's announcement is likely to be the release of the central bank's latest economic forecasts, as well as its \"dot plot,\" which tracks expectations for when interest rate hikes will kick in.\nIn the last update, seven out of 18 Fed officials said rate increases would likely start in 2022. ING thinks it's conceivable that \"one or two more bring their forecast forward\" to next year. \"We suspect the median stays at 2023 for now, but it will be a close call,\" the bank predicts.","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":3271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863155300,"gmtCreate":1632367144000,"gmtModify":1676530764901,"author":{"id":"4093316039832790","authorId":"4093316039832790","name":"Justinjj","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093316039832790","authorIdStr":"4093316039832790"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/863155300","repostId":"1167090659","repostType":4,"isVote":1,"tweetType":1,"viewCount":2388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863155026,"gmtCreate":1632367128965,"gmtModify":1676530764893,"author":{"id":"4093316039832790","authorId":"4093316039832790","name":"Justinjj","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093316039832790","authorIdStr":"4093316039832790"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/863155026","repostId":"2169650271","repostType":4,"isVote":1,"tweetType":1,"viewCount":2703,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860546555,"gmtCreate":1632191620777,"gmtModify":1676530722060,"author":{"id":"4093316039832790","authorId":"4093316039832790","name":"Justinjj","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093316039832790","authorIdStr":"4093316039832790"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860546555","repostId":"1163068688","repostType":4,"isVote":1,"tweetType":1,"viewCount":2735,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860546000,"gmtCreate":1632191604200,"gmtModify":1676530722042,"author":{"id":"4093316039832790","authorId":"4093316039832790","name":"Justinjj","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093316039832790","authorIdStr":"4093316039832790"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860546000","repostId":"1159687756","repostType":4,"isVote":1,"tweetType":1,"viewCount":2784,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860548733,"gmtCreate":1632191594422,"gmtModify":1676530722049,"author":{"id":"4093316039832790","authorId":"4093316039832790","name":"Justinjj","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093316039832790","authorIdStr":"4093316039832790"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/860548733","repostId":"2169681424","repostType":4,"isVote":1,"tweetType":1,"viewCount":2946,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860008120,"gmtCreate":1632104001060,"gmtModify":1676530701373,"author":{"id":"4093316039832790","authorId":"4093316039832790","name":"Justinjj","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4093316039832790","authorIdStr":"4093316039832790"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/860008120","repostId":"1183265438","repostType":4,"isVote":1,"tweetType":1,"viewCount":3408,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}