Fed Officials Shift Tone But Remain Wary of Markets’ Aggressive Rate Cut Bets | Metals Mine

  • Fed Officials Shift Tone But Remain Wary of Markets’ Aggressive Rate Cut Bets

    From bnnbloomberg.ca

    Federal Reserve officials shifted their tone this week, inching closer to the conversation markets have long been having: When will the central bank begin cutting interest rates? A litany of policymakers — including six who will vote on policy next year — indicated in recent days that they were comfortable with keeping rates steady at their December meeting, encouraged by the downward trend in inflation and data showing a slowing economy. Though Fed officials showed little interest in discussing rate cuts, markets quickly latched onto comments by Governor Christopher Waller. An inflation hawk closely followed by ... (full story)

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TCentral
Dec 1, 2023 5:09am
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Quoting Momofrmnyc
{quote} More or less agree I was potentially thinking maybe 2Q for a rate cut. I think all these CBs are in a precarious situation trying to balance it all without causing even greater damage.
It all started long time ago, the COVID times just speed up a process all people will get damaged, it is really insane what they do at the back end, really irresponsible action, specially the money out, looking at DAX - germany energy is over 2 times more expensive - Michelline closed just now 3 factories, people run from this madness in order to be alive - what about the people jobless now, but writing this DAX is nearly ATH 16360 and marching on, rediculous story, EU is at the deep fall if Germany goes on like this, USA still has reservers compared to this, we will hear Mr. Jeronimo tonight, he should explain as usual the whole storry.
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Momofrmnyc
Dec 1, 2023 4:33am
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Quoting TCentral
{quote} If they cut, USD under 100, Nasdaq 18k, the whole planet will go short term to the moon, but the issue will get straight to them, the Yelds will drop dramatically and their depth will hang above everything in catastrophical way, the depth created is insane, the tempo they keep voting depth - ceiling increases is deeply irresponsable - keep in Mind Bricks and the USD loosing its status, Ratecut possible in my opinion - september meeting earliest in 2024. Is just my opinion, on the other hand, they should not increase, this will have really...
More or less agree I was potentially thinking maybe 2Q for a rate cut. I think all these CBs are in a precarious situation trying to balance it all without causing even greater damage.
David-Roddel
Dec 1, 2023 2:22am
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If they cut it will be a carnage
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TCentral
Dec 1, 2023 4:21am
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Quoting David-Roddel
If they cut it will be a carnage
If they cut, USD under 100, Nasdaq 18k, the whole planet will go short term to the moon, but the issue will get straight to them, the Yelds will drop dramatically and their depth will hang above everything in catastrophical way, the depth created is insane, the tempo they keep voting depth - ceiling increases is deeply irresponsable - keep in Mind Bricks and the USD loosing its status, Ratecut possible in my opinion - september meeting earliest in 2024. Is just my opinion, on the other hand, they should not increase, this will have really bad issue on the other hand, lets see, trade what you see and good luck to all.
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TraderSyl
Nov 30, 2023 10:00pm
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They wont cut the rate, its too early to talk about cutting the rate. We can talk about rate cut after analyzing the upcoming cpi report.
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Trader#B73B
Dec 1, 2023 12:35am
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Rate cuts are coming. There was a fear of inflation reigniting, however that wasn't the case and the trend is clear and the trend is deflation.
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