As widely expected the FOMC lowered interest rates by 0.25% to insulate the US from slowing global growth. The Committee also stopped shrinking the Fed’s balance sheet effective August 1 as compared to the previously announced ...
Consensus is expecting the FOMC to lower the overnight rate by 0.25%. Is such necessary? Recent data is suggesting one of growing strength not weakness. As noted Guggenheim stated yesterday that it thinks the Fed should raise rates to ...
It is a forgone conclusion the FRB will lower interest rates tomorrow. Consensus is expecting a 0.25% decrease. Friday’s data lowered the probability of a 0.50% cut. There are few who think the ...
Most would argue the current advance is predicated upon a dramatic change in monetary policy. The bond market has fully discounted a 34% drop in the overnight rate in four months, one of the sharpest declines in monetary history, a decline that is ...
FRB Chair Powell testifies to Congress today about the state of the economy. The market has fully discounted a 0.25% reduction at the conclusion of the July FOMC meeting. I rhetorically ask will ...
The main focus for the markets this week looks to be Fed Chair Powell’s remarks before Congress. His remarks can greatly influence the markets. As widely noted and discounted, the markets are expecting at least a 0.25% reduction in the ...
As noted many times the markets are suggesting the overnight rate will be lowered 0.75% by year end, a very aggressive 33% reduction. Some were expecting a 0.50% drop at the July meeting only to have their hopes dashed yesterday when one of the...
Will there be a change in monetary policy announced today at the conclusion of the FOMC meeting? At the end of May’s meeting the Committee lowered the interest rate the Fed pays on excess bank reserves for the yield was ...
Will this week be of great significance? As widely known the Fed is holding its June meeting. The prevailing market narrative is the economy is edging towards a considerable slowdown and the market is suggesting ...
As widely known, the Dow is down for six consecutive weeks. Will this week be the seventh? Bespoke Investment Group states that since 1900 there have only been seven 7-week losing streaks and just one ...