6th September 2023

  • Fed’s Waller Signals He Supports Skipping Rate Hike in September

Fed governor says officials can ‘proceed carefully’ with hikes

Cleveland Fed’s Mester says rates may need to rise a bit more

https://blinks.bloomberg.com/news/stories/S0IN8KT0AFB5

  • Fed QT Is ‘Painless’ at $1 Trillion Mark, With Bigger Test Ahead

US central bank continues to shrink its portfolio of bonds

Last episode of quantitative tightening saw turmoil in markets

https://blinks.bloomberg.com/news/stories/S0IT3CT0AFB4

  • Rate Hikes Curb Output for at Least a Decade, SF Fed Study Finds

Increase in interest rates ‘casts a long shadow’ on economy

Effects of lower policy rates vanish after a few years

https://blinks.bloomberg.com/news/stories/S0HBKTT0G1KW

  • Oil Tests November High After OPEC+ Leaders Extend Supply Cuts

Saudi Arabia and Russia to restrict exports to end of the year

WTI’s December-December spread jumps to widest since mid-2022

https://blinks.bloomberg.com/news/stories/S0JX16T0G1KW

CLICK HERE TO READ THE FULL ARTICLE

For more information please contact Rubrics Asset Management. info@rubricsam.com.