23rd September 2024
- Scholz Dodges Fresh Defeat to Far Right in German State Vote (1)
Governing Social Democrats secure narrow win in Brandenburg
Anti-immigrant AfD party comes second with about 30% of votes
https://blinks.bloomberg.com/news/stories/SK8Z12DWX2PS
- Fed’s Bowman Says Big Cut Could Be Seen as Claiming Win Too Soon
Fed governor still concerned inflation running above target
Contrasts with Waller saying inflation could go below target
https://blinks.bloomberg.com/news/stories/SK4FQTT0AFB4
- Waller Says Slowing Inflation Led Him to Support Large Rate Cut
Fed governor: Inflation now possibly headed below target
Future path for rates will depend on incoming data, he says
https://blinks.bloomberg.com/news/stories/SK4C4QT0AFB4
- Powell’s Pivot Is Finally Paying Off for Bond Market’s Big Trade
Traders betting on outperformance by shortest-dated bonds
Yield gap between 2-, 10-year Treasuries grows for fifth week
https://blinks.bloomberg.com/news/stories/SK83UEDWX2PS
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