Rates Spark: Dutch pensions transition and a Fed attack | Metals Mine

  • Rates Spark: Dutch pensions transition and a Fed attack

    From think.ing.com

    Note that Chair Powell is not being hauled into court just yet. There is a grand jury proceeding to get through first. This is the precedent to the case getting to court. Note that the grand jury could also decide that there is no case to answer, and then that would be the end of the story; no court case. Typically though, the grand jury has quite a low bar to surpass to get a case to an actual court, but it is still a bar that needs to be surpassed. The grand jury proceeding could take weeks, and if we get through that, an actual case could take months. This will run and run, and Chair Powell, it seems, is not for ... (full story)

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