26th June 2024

  • Bond Traders Boldly Bet on 300 Basis Points of Fed Cuts by March

Standout play in options targets policy rate as low as 2.25%

Fed officials forecast just one quarter-point cut this year

https://blinks.bloomberg.com/news/stories/SFN3U6T0G1KW

  • US Consumer Confidence Declines on Weaker Outlook for Economy

Conference Board’s index slid in May after downward revision

Expectations for business conditions, incomes were weaker

https://blinks.bloomberg.com/news/stories/SFN3SPT1UM0W

  • Fed’s Cook Says Rate Cut Needed at Some Point But Timing Unclear

Inflation expected to slow more sharply next year, Cook says

Official says policy moves will depend on how economy evolves

https://blinks.bloomberg.com/news/stories/SFNB4YT0AFB4

  • Fed’s Bowman Warns of Upside Risks to Inflation, Not Time to Cut

Flagged risks of immigration policy on labor market, rents

Bowman outlines why Fed was slow to hike rates post-Covid

https://blinks.bloomberg.com/news/stories/SFMZOJT0G1KW

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For more information please contact Rubrics Asset Management. info@rubricsam.com.