A Solid Labour Market Report Should Help Put a Floor for Core (US and European) Bond Yields
Markets The market focus shifted yesterday from softer than expected EMU inflation (and a broader […]
Big Companies Cut Jobs
Yesterday’s US ADP print was too strong to please the Fed. And in the middle […]
Decent US Data ahead of Payrolls
Market movers today Today brings this week’s most important data releases both from the euro […]
Fed Bostic: There is still much work to do
Atlanta Fed President Raphael Bostic inflation is “way too high” in the US and the […]
Fed George: Interest rate to stay above 5% well into 2024
Kansas City Fed President Esther George said in a CNBC interview that she has raised […]
Calendar Modestly Interesting With US ADP Labour Data
Markets Yesterday, trading basically followed the pattern from earlier this week. Bonds rallied, with Europe […]
Fed Pricing Remains Too Soft
Released yesterday, the FOMC minutes were hawkish enough to get the S&P500 erase early gains, […]
The Fed Keeps a Close Eye on the Labour Market
Market movers today Today’s data calendar is thin. After yesterday’s bunch of data releases and […]
FOMC Minutes: Anticipate ongoing rate hikes appropriate
In the minutes of the December FOMC meeting, the participants agreed that inflation was “unacceptably […]
FOMC Minutes: Inflation Still Main Risk
The Minutes from the December FOMC meeting showed that Fed members observed that a slowing […]
Fed Minutes Showed Continued Commitment to High Policy Rates Through 2023
The minutes from the December 13-14, 2022 Federal Open Market Committee (FOMC) meeting showed that […]
Fed Bullard: Policy rate getting closer to sufficiently restrictive zone
St. Louis Fed President James Bullard said yesterday that FOMC aggressive actions in 2022 and […]