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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