News about Fed, rates

From the @wsj article, “Why Is the Federal Reserve Always Surprised by Inflation? The central bank owes the public an explanation—and a serious effort to correct its flawed model.” #economy #markets #centralbanks #econtwitter #federalreserve pic.twitter.com/9pXVdePJAr

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

❖ "NO RATE CUTS BY THE FEDERAL RESERVE UNTIL 2025? The CEO of one of the world's largest independent financial advisory and asset management organizations is warning that there's a legitimate risk of no US interest rate cuts by the Federal Reserve this year. "This data…

❖ 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.…