6th March 2023
- Powell Set to Lay Groundwork for Higher Rates on Capitol Hill
Fed chief is likely to warn lawmakers of inflation risks
Powell will deliver his semiannual policy testimony this week
https://blinks.bloomberg.com/news/stories/RQYG77DWX2Q4
- Bond Mavens Favor Curve Wagers for Next Encounter With Jobs Data
Two-year notes out-yield 10-year by nearly a percentage point
Fed’s Powell has chance to respond to calls for bigger hikes
https://blinks.bloomberg.com/news/stories/RQWH4ADWRGGP
- Traders Hedge Risk of Half-Point Hike at Fed’s Next Meeting
Flurry of cheap SOFR options target 50 basis-point increase
Strong economic data scales back expectations for rate cuts
https://blinks.bloomberg.com/news/stories/RQYHP2T0G1KW
- Alan Blinder Says He’s Betting Against Fed Raising Rates to 6%
Former Fed vice chair says he’d be surprised if that happened
Meanwhile, he bets Fed isn’t changing its 2% inflation target
https://blinks.bloomberg.com/news/stories/RQV067DWRGG1
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