News about Fed

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

“As the US reported the latest in a string of poor #inflation figures, markets reined in their forecasts for rate cuts by the European Central Bank and the Bank of England, as well as by the Fed itself.” As captured by this @FT quote, the markets’ repricing of central bank cuts… pic.twitter.com/GNDAxFYRKT

Core PCE inflation, annualized rates: 1 month: 3.9% 3 months: 4.4% 6 months: 3.0% 12 months: 2.8% pic.twitter.com/fnoRWNhW6W

Recommended reading for anyone wishing for the Fed to cut rates. americanliterature.com/author/w-w-jacobs/short-story/the-monkeys-paw#google_vignette