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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