28th March 2024

  • Waller Says Fed Should Delay or Reduce Cuts After New Data (1)

No rush to cut, but still anticipates first move this year

‘At least a couple months’ of better inflation data needed

https://blinks.bloomberg.com/news/stories/SB1GQ4T1UM0W

  • US Credit Rating Affirmed at AA+ by S&P With Stable Outlook (3)

Comparatively weak fiscal indicators still a constraint: S&P

Treasury yields edged higher after retreating in previous day

https://blinks.bloomberg.com/news/stories/SB1B8TT0G1KW

  • Bank Liquidity Rules Should Be Tightened, Ex-Fed Officials Say

Daniel Tarullo, Jeremy Stein want much tougher liquidity rules

They also say regulators should be open to midsize mergers

https://blinks.bloomberg.com/news/stories/SB0CGQT0G1KW

  • Yellen Sounds Alarm on China ‘Global Domination’ Industrial Push

Treasury secretary calls out China for excess capacity buildup

China overcapacity ‘distorts global prices and production’

https://blinks.bloomberg.com/news/stories/SB0R09T0AFB4

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