News about Federal Reserve

Hawkish Fed repricing extends: Traders push back the timing of the 1st Fed rate cut to Nov/Dec after hotter than expected Q1 Core PCE. pic.twitter.com/nhO5k5ZOvn

Bottom line: The US economy is slowing, but it's still very solid. This isn't a recession. It's just more normal growth after a surge in the 2nd half of 2023. -Consumers are back to spending big on services and being choosy on goods -Federal gov't spending is moderating after… pic.twitter.com/uQnUTg1Qmz

Fun fact: The Volcker Fed started cutting rates even as inflation resurged above 10% cause the economy was heading into recession. And it's the recession that got rid of inflation. pic.twitter.com/mobEw3Q1Zy

⚠️ FED SWAPS NO LONGER FULLY PRICE IN RATE CUT BEFORE DECEMBER