18th December 2023

  • Fed Officials Push Back on Talk of Rate Cuts Early Next Year

Williams says it’s ‘premature’ to discuss March reduction

Bostic tells Reuters he expects cuts to start in third quarter

https://blinks.bloomberg.com/news/stories/S5QAGVDWRGG0

  • Fed’s Goolsbee Says Too Early to Declare Victory Over Inflation

Chicago chief says rate decisions to be based on incoming data

Goolsbee touts inflation progress, still low unemployment

https://blinks.bloomberg.com/news/stories/S5Q571DWLU68

  • Fed Pivot Is Welcome News for Biden, Carries Pitfalls for Powell

Falling rates could bolster president’s case on the economy

Election-year rate cuts will open Powell Fed to political heat

https://blinks.bloomberg.com/news/stories/S5NXC6T0AFB4

  • Long-Dated Treasuries Enter Bull Market as Fed Pivot Feeds Rally

Treasury bond ETF gains 21% from 16-year low in October

Gets $1.3 billion Friday, biggest inflow in almost five months

https://blinks.bloomberg.com/news/stories/S5U44WDWRGG0

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