1st May 2024

  • Fed to Signal Delay of Interest-Rate Cuts: Decision-Day Guide

Officials may tweak policy statement amid stickier inflation

Central bank will likely announce slower balance-sheet unwind

https://blinks.bloomberg.com/news/stories/SCKDTLT1UM0W

  • US Labor Costs Rise by Most in Year in Sign of Wage Pressures

First-quarter employment cost index rose 1.2% after 0.9% gain

Citi economist says ‘this is a challenging print for the Fed’

https://blinks.bloomberg.com/news/stories/SCRAHMDWLU68

  • US Consumer Confidence Slumps to Lowest Level Since July 2022

Conference Board index fell for a third month in April

Expectations for more available jobs fell to lowest since 2011

https://blinks.bloomberg.com/news/stories/SCRENIDWX2PS

  • Extreme Bond Market Shorts Gamble on a Hawkish Powell Pivot

Hedge funds, CTAs build bearish positions ahead of Fed meeting

Bigger Treasuries selloff seen from out-the-money long wagers

https://blinks.bloomberg.com/news/stories/SCRDPPT0G1KW

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