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3 Reasons The Fed Is Wrong And It's A Good Time To Buy Treasuries
The Federal Reserve interest-rate forecast issued this week was more hawkish than almost anyone imagined. Despite what chair Jerome Powell acknowledged as three straight good inflation reports, policymakers now expect to hold their key rate a half-percent higher through 2024 than they envisioned in June. With the Fed still indicating one more hike is likely coming this year, policymakers are forecasting that over the next 15 months they'll cut the federal funds rate by just one quarter-point from the current range of 5.25% to 5.5%. The purported reason is the economy's recent surprising strength. Even with short-term ... (full story)
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From srikonomics.substack.com|Sep 24, 2023As widely expected, the Federal Open Markets Committee announced Wednesday that it will keep the Federal Funds rate unchanged. At the same time, 12 of 19 Fed officials suggested ...
From bnnbloomberg.ca|Sep 24, 2023|1 commentApollo Global Management Inc.’s James Zelter is “skeptical” of an economic soft landing. Ares Management LLC co-founder Michael Arougheti is concerned about the risk of a fiscal ...
From bnnbloomberg.ca|Sep 23, 2023|7 commentsPolicymakers on each side of the Atlantic are likely to take comfort this week from a slowdown taking hold in key underlying measures of consumer-price growth. In the US, the ...
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From dailyforex.com|Sep 24, 2023GBP/USD: The GBP/USD has melted down during the course of the week as we have seen the Bank of England step away from its interest rate hiking cycle, suggesting that perhaps we ...
From bnnbloomberg.ca|Sep 24, 2023Just a couple of months ago, emerging-market assets were all the rage as inflation eased and interest rate-cut bets surfaced. The trade has all but fizzled out. The rapid change ...
From themacrocompass.substack.com|Sep 24, 2023There is a rare and powerful trend occurring in bond markets. History shows that if left unchecked, it can cause serious damage to equity markets and the economy. Over the last 3 ...
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- Posted: Sep 24, 2023 11:30am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 3,437
