Category Archives: Blog

Eve Announces Matter Updates for Eve Energy, Eve Motion and Eve Door & Window

Eve Systems today announced an upcoming firmware update for three of its devices, with the new firmware set to add Matter integration. The latest models of the Eve Energy, Eve Motion, and Eve Door and Window devices will receive Matter firmware updates on December 12. Eve says that Matter certification has been completed for these…

A pivot away from aggressive rate hikes is still coming even after Powell’s hawkish comments, and the Fed needs to stop flinching at rising stock prices, Fundstrat’s Tom Lee says

Federal Reserve Board Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs on ‘The Semiannual Monetary Policy Report to the Congress’, at Capitol Hill in Washington on Tuesday, July 17, 2018. Jose Luis Magana/AP Jerome Powell struck a tough tone on Wednesday, but a dovish pivot by the Fed is…

Investors bet the Fed will raise rates to 5.25% by mid-2023 as strong jobs report fuels views for more aggressive policy

Jerome Powell. Pool/ Getty Images Swap contracts Friday indicated investors expect the Fed’s policy rate to climb to 5.25% by June 2023.  On Thursday, swaps pointed to an expected peak rate above 5.1% around mid-2023. Friday’s stronger-than-expected jobs data suggests the Fed will need to be more hawkish to cool inflation. Based on Fed swap…