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Beat around the bush, scare the market, with no action taken. I'm guessing the prediction market will be happy for this .
PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...
The US market is so volatile. It is anyone's guess where it is headed. The year ahead is so unpredictable with so many things going on in the world.
PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...
The numbers go up and down, up and down, and will do so for the foreseeable future. Such is life.
PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...
Warsh issued a hawkish policy signal, warning that despite recent cooling inflation reports, underlying trends have not “meaningfully improved”. He indicated that the central bank might need to raise interest rates in the coming months if inflation persists stubbornly, emphasising the need for confidence that underlying inflation is moving towards the objective. Otherwise, he stated, “We have work to do.”
PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...
Very detailed and comprehensive article. Well
worth a read. Agree with the author’s viewpoints and perspectives. Looking forward to the next report!
PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...
Warsh ushers in a new era of interest rate governance. Yielding to the Trump administration appears plausible at this point of the game. Lets watch the market reaction this Friday
PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...
Good story
PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...
Good thought
PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...
The US market is so volatile. It is anyone's guess where it is headed. The year ahead is so unpredictable with so many things going on in the world.
PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...
Personally, I am doubtful how hawkish the new Fed Chairmancan be, after all he is somehow appointed by Donald Trump who favoured lower interest rates
PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...
