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From @cablefxmacro|1 hr 59 min agopost:
*KASHKARI: BALANCE OF RISKS HAS SHIFTED TOWARD UNEMPLOYMENT post: FED'S KASHKARI: THE LABOR MARKET IS STILL LOOKS STRONG, WE WANT TO KEEP IT THAT WAY. post: Fed’s Kashkari: Have A Lot Of Confidence Inflation Is On Its Way Back To 2% Goal - Reduction New Rents Gives Confidence Housing Inflation Will Decline -
From cnbc.com|3 hr ago|1 commentThere is no case for more 50-basis-point rate cuts by the Federal Reserve, veteran market strategists told CNBC, saying the latest U.S. jobs data implies the central bank might have acted in haste. David Roche, founder and strategist at Quantum Strategy, described the Fed’s decision last month to lower its key overnight borrowing rate by a half percentage ...
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PUPrime replied Oct 3, 2024Market Recap - 03/10/24
PUPrime In-Depth Market Analysis (Discussion)
Dollar: The Dollar Index surged due to strong ADP Nonfarm Employment data, surpassing expectations at 143K vs. 124K. Hawkish remarks ... -
- PUPrime replied Oct 1, 2024
Short Market Recap (01/10/24)
PUPrime In-Depth Market Analysis (Discussion)
Dollar Index Rebounds: The Dollar strengthened as Fed Chair Powell's optimism eased concerns over an aggressive 50 bps rate cut. Market ... -
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