3rd July 2024
- Powell Welcomes Recent Data But Fed Needs More Confidence to Cut
Latest price data offer signs US back on disinflationary path
Fed chief speaks on panel in Sintra with Lagarde, Campos Neto
https://blinks.bloomberg.com/news/stories/SG038RDWLU68
- Fed’s Goolsbee Says Officials Should Prepare for Rate Cuts (1)
Goolsbee sees inflation on “a path to 2%”, warns on employment
Holding rates as inflation falls is a decision to tighten
https://blinks.bloomberg.com/news/stories/SG0DI7DWX2PS
- Biden Blames Travel for Poor Debate as He Looks to Calm a Revolt
President’s push comes amid mounting age concerns, bad polls
First US House Democrat calls for president to exit race
https://blinks.bloomberg.com/news/stories/SG11J3DWLU68
- Traders Flock to a Trump-Fueled Bet on Higher US Treasury Yields
Open interest climbed sharply after the presidential debate
Wall Street strategists have been touting the trade recently
https://blinks.bloomberg.com/news/stories/SG01BLDWRGG0
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