6th September 2023
- Fed’s Waller Signals He Supports Skipping Rate Hike in September
Fed governor says officials can ‘proceed carefully’ with hikes
Cleveland Fed’s Mester says rates may need to rise a bit more
https://blinks.bloomberg.com/news/stories/S0IN8KT0AFB5
- Fed QT Is ‘Painless’ at $1 Trillion Mark, With Bigger Test Ahead
US central bank continues to shrink its portfolio of bonds
Last episode of quantitative tightening saw turmoil in markets
https://blinks.bloomberg.com/news/stories/S0IT3CT0AFB4
- Rate Hikes Curb Output for at Least a Decade, SF Fed Study Finds
Increase in interest rates ‘casts a long shadow’ on economy
Effects of lower policy rates vanish after a few years
https://blinks.bloomberg.com/news/stories/S0HBKTT0G1KW
- Oil Tests November High After OPEC+ Leaders Extend Supply Cuts
Saudi Arabia and Russia to restrict exports to end of the year
WTI’s December-December spread jumps to widest since mid-2022
https://blinks.bloomberg.com/news/stories/S0JX16T0G1KW
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