News about interest rate

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

FED RATE DOUBTS HAVE OPTIONS TRADERS COVERING BOTH HIKES AND CUTS Treasury options traders are protecting against everything from multiple interest-rate cuts this year to a hike ahead of the US Federal Reserve meeting this week. www.bloomberg.com/news/articles/2024-04-28/fed-rate-doubts-have-options-traders-covering-both-hikes-and-cuts?sref=dJOSAJZH

❖ Fed Expected To Keep Rates High 'For As Long As Needed' The Fed is likely to "keep policy rates where they are for as long as needed to bring inflation down," Bank of America economists say in a note. They also expect the Fed to announce the tapering of balance sheet runoff.…

The Fed's preferred measure of inflation (Core PCE) remained at 2.8% in March, above expectations for a decline to 2.7%. Overall PCE rose to 2.7% (expectations: 2.6%), highest reading since last October. Any remaining chance of June rate cut is gone after this report. pic.twitter.com/CwiMw7W2ER