25th August 2023

  • Fed Officials See Rates Close to Peak, Differ on How Close

Rates are in ‘restrictive stance,’ Philadelphia Fed chief says

Collins says Fed may need more rate hikes; near hold level

https://blinks.bloomberg.com/news/stories/RZWVYDT1UM0W

  • Bond Traders Are Obsessing Over R* Gauge Before Jackson Hole

Investors debate impact of higher neutral rate for economy

Powell has said ‘we don’t really know’ neutral-rate level

https://blinks.bloomberg.com/news/stories/RZX86OT0G1KW

  • T-Bill Deluge Risks Draining Bank Reserves, St. Louis Fed Warns

St. Louis Fed economists sees risk of bank reserves declining

Usage of reverse repo tool has stabilized around $1.8 trillion

https://blinks.bloomberg.com/news/stories/RZWG63T0G1KW

  • Mortgage Rates in the US Jump to 7.23%, Highest Since May 2001

Homebuyers face the most-unaffordable market in decades

‘Woefully low’ supply of listings keeps purchase prices high

https://blinks.bloomberg.com/news/stories/RZUOADT1UM0X

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