Why Fed Cuts Now Would ‘Only Make Things Worse’
Just after 8:30 AM on Tuesday, Donald Trump sent his eleventh tweet of the day….
Category: fomc
Trader: ‘A Little Part Of Me Wonders If Jay Powell Was Smarter Before He Started Listening To Everyone’
What was Jay Powell’s real mistake?
Vice Chair Clarida Isn’t Sure You’re Getting The Message
Any perceived recalcitrance will be met with jeers.
Macro Rumor Mill: ‘High-Profile Former Central Bank Head’ Says Odds Of Q1 2020 Fed Hike Higher Than Odds Of Cut
“Word around the macro universe”…
Nomura’s McElligott Rolls Eyes At Powell’s ‘Transitory’ Inflation Message, Says Bar For Cut ‘Infinitely’ Lower Than Bar For Hike
“I remain completely convinced that the bar to CUT is infinitely lower than the bar to HIKE.
Goldman: The Odds Of A Rate Cut Were Already Low, Now They’re Lower
Powell quickly reversed [the] initial impression.
‘Plain English’ Goes Awry – Again
However, things took an abrupt turn during the press conference…
Fed Attempts ‘Dovish Hold’, Emphasizes Muted Inflation, Lowers IOER
Now, let’s go to Twitter to see what the president thinks.
Here’s What Nomura’s Charlie McElligott Is Watching For From The Fed
Here’s a quick primer on the key debates and discussions.
Trump: ‘Lowering Of Rates’ By ‘Like One Point’ Will Make Us Go ‘Up Like Rocket’, Weeee!
Trump has (again) transcended satire.
Trump Says Fed Should Drive Dow To 36,000, Says QE Should Have Never Been Stopped
“If the Fed had done its job properly, which it has not”…
Mario Draghi Says He’s Concerned About Fed Independence Amid Trump Attacks
“…the whole credibility of monetary policy hinges on that.”