FOMC
Inflation is higher than it was in 2016, and the Fed is just at the beginning of its rate-cutting cycle
With respect to today’s FOMC meeting, Powell needs to carefully consider where he wants to attempt guiding yields
Fed funds futures markets were pricing in a 99.2% likelihood that the committee announces a 25bps cut tomorrow
It’s crucial to look at the broad economy and not just the overnight rate that the Fed talks about
Despite short-term boost, Bybit executive warns investors of “potential challenges posed by economic uncertainty and market fluctuations”
The decision comes “in light of the progress on inflation and the balance of risks,” according to an FOMC statement
The Fed could opt for a 25bps cut considering Tuesday’s better-than-expected US retail sales data, industry executive argues
Powell, as expected, did not give any hints as to the size of September’s rate cut, but markets seem more confident that a 50 bps cut could be in the cards
Friday’s report from the Labor Department coincides with disappointing tech earnings to add additional headwinds
The FOMC on Wednesday said it would be holding interest rates, marking the central bank’s eighth-straight pause since it stopped hiking rates a year ago
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