Some at Fed may pencil in a hike. Most won't. Warsh is a question mark | Metals Mine

  • Some at Fed may pencil in a hike. Most won't. Warsh is a question mark

    From msn.com

    A majority of Federal Reserve policymakers now feel they will need to keep U.S. short-term borrowing costs on hold all year, projections due out on Wednesday are expected to show, with a small number seen penciling in a rate hike to stop a spike in inflation from getting entrenched in the economy. The anticipated adjustments to the Fed's so-called dot plot would mark a hawkish shift from where Fed officials were just three months ago. They also present a particularly sticky communications challenge for new Fed Chairman Kevin Warsh, as stronger-than-expected job gains in recent months and inflation on the rise since ... (full story)

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Blessed-man
3 hr ago
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With Oil prices coming down drastically, won't anticipated inflation subside?

Marsh will not want to be on a collision with Trump for the 1st few months
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Schultz
3 hr ago
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Yeah nah. There are second and third order feedback loops. Besides oil, the supply of other production inputs was curtailed which also contribute to any ongoing increase in inflation. Fertilizer for farms, for example, is sometimes cited.

With this, what happens to "anticipated" inflation would be the subject of econometric research at the various banks. Intuition ought not play a part, although in reality it probably does. Warsh and the Fed members have no duty to Trump. Trump does not exist in the collective mind of the Fed.
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FlyingTurtle
25 min ago
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I don't know what exists in the minds of the fed, but I'm sure it has little to do with reality.
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Vancarbon
3 hr ago
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No change

Caution abounds , tough rhetoric with zero follow through . Benefit of the doubt given ; due to mitigating circumstances ( Strait open ) .

Of course , inventories need to be restocked at a rapid pace , supply/demand will keep oil elevated for quite some time .

I still don’t think this is the end of this saga , so many conflicting ideas and third party players don’t appear to agree on the agenda . Agreement or no agreement this isn’t resolved by a good margin
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FlyingTurtle
18 min ago
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The fed doesn't have the votes for a hike anytime soon, but the market doesn't look that deeply nor care. The fed will say Boo! and the gaggle of geese will mindlessly flock to the USD.

ECB, BOJ, RBA, RBNZ are hiking and the rest are hold or hike, while the FOMC will not hike, so obviously the thing to do is buy USD, because the market is really smart lol
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Zin36
4 hr ago
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should i buy gold or sell now
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GhawkGhawk
3 hr ago
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Sell
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TSW
3 hr ago
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HAWKISH Fed tomorrow... Dxy will hold gains .. AUD strength will weaken and EURAUD will pump because eur is already freaking HAWKISH since last week till now on all policy statements
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Trader#5D2D
4 hr ago
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Inserted Video
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Trader#B5C1
2 hr 33 min ago
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Marsh will Cut interest rate
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