12th February 2024

  • Logan Says Fed Should Take Time to Assess More Data Before Cuts

Dallas Fed president echoes sentiment of other policymakers

Balance-sheet unwind going ‘very smoothly’ so far, she says

https://blinks.bloomberg.com/news/stories/S8LSOIT0G1KW

  • US CPI Revisions Confirm Inflation Progress at End of 2023

Report was highly anticipated after large revisions last year

Fed’s preferred gauge probably saw more disinflation

https://blinks.bloomberg.com/news/stories/S8LNFPDWLU68

  • US CPI Response Rate Stays Weak, Raising Questions on Data

Share of responses used in calculation still below 2019 level

BLS had to change in-person collection method during pandemic

https://blinks.bloomberg.com/news/stories/S8LDGZDWLU68

  • Bond Traders Cave to the Fed by Dialing Back Their Rate-Cut Bets

Derivatives show market, Fed expectations are getting in sync

A wide gulf remained between the two as recently as December

https://blinks.bloomberg.com/news/stories/S8HMETDWX2PT

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