From the Bloomberg article, “Fed Rate-Cut Debate Shifts From When Toward If on Inflation Data:” Fed Chair “Powell has kept the committee united in its rate path, with no dissents in nearly two years, but there are some signs of strains. Until recently, Powell had sounded dovish… pic.twitter.com/1wbDAzrrtx

Looking forward to the #FederalReserve's policy meeting next week: Not just the recent elevated readings of actual #inflation will make officials a little uncomfortable about the dovish December pivot. Forward expectations have also moved up. At 3.2% for the next year,…

Bonds rally as Fed’s preferred #inflation metric not as bad as feared. PCE deflator rose to 2.7% in March from 2.5% in Feb vs 2.6% expected. Core PCE, the Fed's preferred measure of underlying price pressures, remained at 2.8%, compared w/an anticipated fall to 2.7%. First full… pic.twitter.com/LxaZTkntcL

🌎 #Weekahead | Powell Is Poised to Keep #Fed on Higher-for-Longer Path - Bloomberg ➡ Rate decision will be followed by likely robust jobs report ➡ Euro-zone inflation and GDP, China PMIs, OECD forecasts due www.bloomberg.com/news/articles/2024-04-27/fed-rate-cuts-latest-powell-is-poised-to-stick-with-higher-for-longer-path?srnd=economics-v2&sref=ZVajCYcV pic.twitter.com/GF92tYxCgU