MNI: Fed’s Waller Calls For ‘More Caution’ On Pace Of Cuts
3 天之前 · MNI (WASHINGTON) - Federal Reserve Governor Chris Waller said Monday recent strong economic data mean the central bank can proceed more cautiously after kicking off the easing cycle with a 50 basis point rate cut in September. “While we do not want to overreact to this data or look through it, I view the totality of the data as saying monetary policy should proceed with more caution on the ...
MNI Inflation and Labour Market Insight: October 2024 Release
1 天前 · Given that a large part of the surprise was driven by air fares, inflation data is not as big a surprise as at first glance and underlying services only improved marginally this month. On the labour market data, regular private sector wages continue to move in the right direction and have already reached the BOE’s Q3 forecast a month early.
MACRO ANALYSIS: MNI US Macro Weekly: Mixed Data Makes For …
6 天之前 · We've just published our US Macro Weekly ():An upside surprise in September CPI this week contributed to speculation that the Fed will opt not to cut rates at its next meeting in November, a notion furthered by Atlanta Fed President and 2024 FOMC voter Bostic, who said after the data he would be “totally comfortable” with pausing next month.
MNI INTERVIEW: More Cuts Before Fed Fine-Tunes Neutral -Mester
2 天之前 · Former Cleveland Fed president discusses the U.S. monetary policy outlook. -. The Federal Reserve can get a few more rate cuts under its belt before officials need to pin down where interest rates will ultimately land, former Cleveland Fed President Loretta Mester told MNI, adding economic data since the September FOMC meeting have shifted the ...
6 天之前 · 7% M/M. It was also the fastest since April. In Y/Y terms, the Cleveland Fed median edged from 4.16% to a new recent low of 4.08% whilst the trimmed mean dipped from. 2% to 3.17% Y/Y for a new low since Jul 2021. The Atl Fed’s sticky core ex shelter held at 2.9% Y/Y for a second month having dropped in August to its.
US: Rates Steady Into Waller - Bonds & Currency News | Market …
3 天之前 · Oct 14, 2024 - 11:59 AM. US: Rates Steady Into Waller. US. Fed Gov Waller is coming up at 1500ET (text and Q&A expected) - front Treasury futures are off lows (111-23) set mid-morning but still down 13 ticks on the day at 111-27. In short-term rates: cumulative cuts seen in Fed funds futures relatively steady: 21bp through Nov, 43bp Dec, 62bp ...
MNI US MARKETS ANALYSIS - Yield Spreads Weigh on USD Pre-Fed
2024年9月18日 · MNI is the leading provider. of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an ...
1 MNI U.S. Weekly Macro Wrap MNI View: Waller Ensures Further 50bp Cuts In Play September 20, 2024 - By Chris Harrison and Tim Cooper Executive Summary
EMERGING MARKETS: Global news: September 18
2024年9月18日 · EMERGING MARKETS. US (MNI) – Fed leadership has made it abundantly clear that the FOMC will initiate a rate cutting cycle at the September meeting, with pre-blackout developments pointing toward a 25bp reduction as opposed to an outsized 50bp. But subsequent media reports that it’s a “close call” have pushed market pricing to imply a ...
2024年10月4日 · pre revision latest. Source: BLS, MNI 2019 av. along with a 72k upward revision that erased July. The unemployment rate also offered a large hawkish surprise, falling from 4.22% to 4.05% for a firm shift. The booming payrolls report has seen the market price out chances of a back-to-back 50bp cut from the.