Here’s A Quick Guide To The May Fed Statement (Because I Know You Care)

Here’s A Quick Guide To The May Fed Statement (Because I Know You Care)

Ok, here comes the Fed statement, who's excited? Clearly, the focus will be on the inflation language considering we're now on target: And considering other signs point to mounting wage pressures: Markets are also keenly aware that surging crude prices could lift inflation expectations and given the dollar's recent recoupling with 10Y yields and rate diffs, the stage is set for something of a self-feeding loop, where yields and the dollar reinforce one another and fears that late-cycle fi
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