Menu
Sister Sites

  • Williams: Need to maintain restrictive stance for a few years

Added at 9:51am
but your boss says we need data first
Quoting 2547
but your boss says we need data first
We know Powell only said that to calm everyone's nerves but those of us who can read between the lines know he's being hawkish as hell.
well 1+ year ago he said they would raise rate by a total of 50bp for 2022. we all know how that ended
  •  Guest
  • | IP XXXX:f018:28e0
where can i find the speech ?
Quoting raklian
{quote} We know Powell only said that to calm everyone's nerves but those of us who can read between the lines know he's being hawkish as hell.
Doesn't look like that's how the market saw it whatsoever.
Doubt if this will influence dollar in a positive way. On the USDJPY chart the three red weekly candles right at the top in 2022 tell a story of their own. Kind of doji's which tells me a lot, went downhill from there all the way until the first week of '23. Pulled back unto resistance at 132.84 over the last few days and chances are good it will break lower again which H4 is showing signs of.
  •  Guest
  • | IP XXX.XXX.162.67
I doubt him too haha
Quoting jordanvic
well 1+ year ago he said they would raise rate by a total of 50bp for 2022. we all know how that ended
So we can`t rely on his speech????
Quoting Cap37
{quote} Doesn't look like that's how the market saw it whatsoever.
The market can be wrong. The Fed is NEVER wrong in terms of how the market reacts to whatever it does after the fact.
Quoting rcbhowal
{quote} So we can`t rely on his speech????
We can for short term but not their long term views. I'm 90% sure they will cut rates next year.
Quoting jordanvic
{quote} We can for short term but not their long term views. I'm 90% sure they will cut rates next year.
Classic create the problem - offer the solution.
The problem will be massive debts that cannot be paid - the solution will be a new economic system with Central bank digital curency, and the downwriting of any debt from the old system.
Don't press the button before you reach the bottom. -Old chinese saying
even Powell doesn't know where the economy goes, so he just do step by step relly on data update. but I pretty sure we are just at the begining of the storm
  • New Comment
  •  Guest
  • | IP X.XXX.184.223
Join FF
    • Older Stories  
    Fed's Williams: Fed Policy is Barely Restrictive Right Now; Financial Conditions Have Tightened a...

    From @sevenloI|Feb 8, 2023|1 comment

    tweet at 9:30am: Fed's Williams: - I Tend to Think in Terms of Real Interest Rates - Fed Policy is Barely Restrictive Right Now - Financial Conditions Have Tightened a Lot in Last Year - Changes in Financial Conditions Will Also Inform Our Policy Outlook tweet at 9:34am: Fed's Williams: - We Need to Take a Long-term View of Data, Not Get Caught Up in the Day to Day - Seeing More Positive Signs Globally About Growth - Seeing Some Signs Of US Economy Showing Resilience - Signs Suggest We Still Have Some Work to Do to Get Economy Back Into Balance tweet at 9:37am: Fed's Williams: - Demand in the US Remains Very Strong - Demand in Our Economy is Much Stronger Right Now Than in Normal Times - Lags in Our Actions Also Take Time; We Take That Into Consideration - Housing Sector Seeing Definite Slowdown tweet at 9:44am: Fed's Williams: - Still Seeing High Demand for Services, Labor - Goods Prices Declining But They Have A Ways To Go - See Demand-Supply Imbalance In Core Services Ex-Hsng - Need To Keep The Service Industry In Line With The 2% Inflation Target tweet at 9:46am: Fed's Williams: - Rent Driven Inflation Looks to Ebb Over Time - Backlog Of Demand In Our Economy Is Still Strong - Job Market is Extraordinarily Tight Right Now - Doesn't Know How Much the Unemployment Rate Will Rise

    Fed's Williams: Labor market is very strong

    From @DeItaone|Feb 8, 2023|7 comments

    tweet at 9:22am: FED'S WILLIAMS LABOR MARKET IS VERY STRONG tweet at 9:23am: FED'S WILLIAMS WE STILL HAVE WORK TO DO ON RATES tweet at 9:25am: FED'S WILLIAMS: A PEAK RATE OF 5%-5.25% IS STILL A REASONABLE VIEW. tweet at 9:25am: WILLIAMS: THERE IS A LOT OF UNCERTAINTY AROUND INFLATION OUTLOOK tweet at 9:26am: FED'S WILLIAMS: INFLATION COULD PROVE MORE PERSISTENT FOR CERTAIN REASONS.

    AUDUSD Forex Analysis - Retest & Failure AT 0.7000 level?

    From acy.com|Feb 8, 2023

    Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the AUDUSD weekly, daily, and 4-hour charts. Price is rallying back towards the 0.7000 ...

    •   Newer Stories
    Fed's Cook: Data Are Telling a Pretty Clear Story of a Historically Strong Labor Market, with Still...

    From @sevenloI|Feb 8, 2023|2 comments

    tweet at 9:52am: Fed's Cook: - Strongly Committed to Both Price Stability and Employment Mandates of the Fed - Data Are Telling a Pretty Clear Story of a Historically Strong Labor Market, with Still Elevated Inflation - Inflation is Still Running Too High Even Though It Has Moderated tweet at 9:54am: FED'S COOK: THE FED IS INTENT ON RESTORING PRICE STABILITY AND WILL REQUIRE RESTRICTIVE MONETARY POLICY FOR SOME TIME. tweet at 9:54am: FED'S COOK: WITHOUT STABLE PRICES, IT WILL BE HARD TO MAINTAIN MAXIMUM EMPLOYMENT. tweet at 10:00am: FED'S COOK: I BELIEVE INFLATION CAN BE CONTAINED WITHOUT A LARGE INCREASE IN UNEMPLOYMENT. tweet at 10:03am: Fed's Cook: - In Times of Uncertainty Important Not to Take Too Much Signal From Two or Three Data Points - Will Use Tools Forcefully To Avoid Entrenched Inflation - Appropriate Now to Move in Smaller Steps as Fed Assesses Cumulative Impact of Rate Increases So Far

    ECB's Knot says headline inflation appears to have peaked: MNI

    From @DeItaone|Feb 8, 2023

    tweet at 10:00am: ECB'S KNOT SAYS HEADLINE INFLATION APPEARS TO HAVE PEAKED: MNI tweet at 10:00am: ECB'S KNOT: I EXPECT US TO TAKE SMALLER STEPS ONCE WE SEE A CLEAR, DECISIVE TURN IN UNDERLYING INFLATION DYNAMICS. tweet at 10:00am: ECB's Knot: - Headline Inflation Appears to Have Peaked - Sharp Decrease in Energy Prices Could Bring Down Headline Inflation Faster Than Projected by ECB - Slowdown in Growth Seems Even More Shallow, Short-Lived Than Expected; Sees Probably No Recession In Winter tweet at 10:11am: ECB's Knot: -It will take time for core inflation to slow -Core services inflation could prove persistent tweet at 10:19am: Ecb's knot: i sees early signs of tightening in the housing market and credit.

  • Story Stats

  • Related Stories