1st February 2024

  • Fed Keeps Rates Steady While Powell Says March Cut Unlikely

Policymakers say risks are moving ‘into better balance’

No cut until officials are more confident on inflation path

https://blinks.bloomberg.com/news/stories/S85IQXT0AFB4

  • Wall Street Gets Reality Check as Powell Saps Fast Rate-Cut Bets

Stocks dropped as Fed chief says move unlikely at next meeting

But bonds hold gains as traders still see aggressive easing

https://blinks.bloomberg.com/news/stories/S85OANT0G1KW

  • Fed’s Powell Cements Pivot But Pushes Back on Timing of Cuts

Powell says an interest-rate cut in March is not likely

FOMC needs to see more data to be convinced to move rates

https://blinks.bloomberg.com/news/stories/S85PY0T1UM0W

  • US Increases Quarterly Debt Sale, Sees No More Boosts Coming

Treasury announces $121 billion in refunding auctions

Start date for new buyback program to be announced in May

https://blinks.bloomberg.com/news/stories/S84T4TT0AFB4

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