7th February 2024
- Mester Says Fed Should Gain Confidence to Cut ‘Later This Year’
Cleveland Fed chief cautions against lowering rates too soon
Minneapolis chief Kashkari says more inflation progress needed
https://blinks.bloomberg.com/news/stories/S8GJMSDWLU68
- Fed’s Harker Says US Nearing Soft Landing as Inflation Falls
Data point to continued disinflation, balance in labor markets
Philadelphia Fed chief says economy on path to a soft landing
https://blinks.bloomberg.com/news/stories/S8GFCIT0G1KW
- NYCB Cut to Junk by Moody’s as Stock Hits Lowest Since 1997
Moody’s cuts regional bank two notches, says it may go further
It cites governance, other risks at commercial property lender
https://blinks.bloomberg.com/news/stories/S8GZHOT0G1KW
- Treasury Auction Calms Nerves Before Record 10-Year Note Sale
Strong demand for three-year notes despite pre-auction rally
Wednesday’s $42 billion 10-year note to set high-water mark
https://blinks.bloomberg.com/news/stories/S8GCIZDWRGG0
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