Yep thanks, maybe I'll investigate them a bit. Which is infinitely more than I currently do. I'm guessing the spreads were providing information prior to GFC. I get daily Oz bank bill futures data on all months to about 2029... My broker doesn't do ...

President Trump posts cartoon image depicting him firing Fed Chief Powell

Perhaps better to be fired than facing trotting off to gaol like some other political adversaries like James Comey.

President Trump posts cartoon image depicting him firing Fed Chief Powell

I can't confirm the two year Oz bond rate. But Australia does the three year bond futures - a couple hundred thousand contracts a day. It is priced as 100 minus the interest rate. The Reserve Bank's current rate is 3.6%. Dec 3 year bond closed ...

President Trump posts cartoon image depicting him firing Fed Chief Powell

All Australian exports are GST free. As I understand it, cattle born and raised in the USA are OK. Many are not, though, and that was where the original issue was quite some years ago - imported into the US from Mexico or Canada as calves and then ...

Trump’s 100% Pharmaceutical Tariffs Won’t Apply to the EU and Japan

Yes. I think that the robot ought to counter sue for a billion dollars. . After all, a surgeon doesn't operate on a human without unplugging/anesthetising the patient.

Tesla worker sues for $51m after being attacked by giant robot at factory, costing him '$7m'...

Thanks for all that - phew! I know that lobbyists can be quite persuasive and contributed to the 100% number. Given that, what odds are there for reform? They don't like Australia much and want the PBS pulled. Not gunna happen. As it happens ...

Trump’s 100% Pharmaceutical Tariffs Won’t Apply to the EU and Japan

Thanks for that. There are many ways of measuring "richness" - some even quite zen, which has merit, in my opinion. In regards to this and that posters rant (not that he is alone, it is a not uncommon theme), something that I have noticed in my ...

Could the Fed skip a rate cut next month?

Let me re-word that. according to a White House official, delivering promised relief to economies including the European Union and Japan the many millions of sick and vulnerable Americans who rely on affordable pharmaceutical medication on a daily ...

Trump’s 100% Pharmaceutical Tariffs Won’t Apply to the EU and Japan

There is only one can and it is empty. As are the other dozen or so cans out of sight in the bin.

The US Consumer Keeps on Spending

url Easy monetary policy, along loose fiscal policy and upward pressures on inflation, would be negative for the dollar, he said A breath of fresh air that someone goes on the public record to suggest that monetary policy is in fact not ...

US dollar at risk if Trump can sway Fed to more dovish stance, says PGIM exec

She asked something at about 1:30 about it seems not that important to get to 2%. "Maybe in a couple years. Heavens, you don't want it to overshoot and go under!" Well that would just be silly now, wouldn't it. Anticipating we have the memory of a ...

Bullard Expects Fed to Cut Rates at Next Two Meetings

Perhaps, yes. Something that I observe rarely in real life, being fortunate to live in a relatively egalitarian country. So, it isn't something that occurs to me naturally and I need reminding.

Could the Fed skip a rate cut next month?

Perhaps there is nothing much that the Fed can do, realistically, with respect to the real economy. From about Dec 2008 to maybe July 2022 the real Fed funds was negative, give or take a bit here and there. There were two significant quantitative ...

US Personal Income and Outlays, August 2025

They are hardly journos. Shannon Grein has a B.S. in Economics and a M.A. in Economics. Tim Quinlan has a B.A. and has been published in academic economic journals. Do not question the original posters knowledge or otherwise of this or you are ...

Revisions Unveil a More Resilient US Economy than First Reported

It is always a trigger warning whenever an American deigns to have a superiority moment based on the propaganda they learnt at school and by any means thereafter. Go back to focusing on your poor country with open boarders (huh?) and zero free ...

Could the Fed skip a rate cut next month?

You are a non-registered bot. I don't answer questions by bots.

US jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness

I'm not going to comment on the integrity of the data. But always remember a few things. Trump and his team are of an authoritarian ideology. Trump fires and replaces anyone who make hm look bad. If that is anymore possible than he already does by ...

US jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness

I wonder if Mary Daly has applied and whether she would be open minded enough for Bessent?

Bessent widens scope for next Fed chair as he looks for someone with 'open mind'

Not only basically the same, but exactly the same. Oh, except that the UK isn't a country. Details, pfft. Look at a map for goodness sake. I'm sure your school might have one. It may not have been used since soon after WWII so it might be a bit ...

US Monthly New Residential Sales, August 2025

The Fed has never had rates as low as they were in the 2008-2023 period. And now we have to go into an easing cycle. The something wrong is that the economy doesn't come out of a shock in a linear manner, only to get pounded with 0% rates then ...

Bessent: Fed has been too high for too long