- This topic has 10 replies, 6 voices, and was last updated 5 years, 7 months ago by
.
- Posts
Expecting the decision to be unanimous in March unlike December 2017, where Kashkari and Evans dissented to hiking
Opening statement: Jerome Powell Fed Chair
Decision marks another step in gradual normalization
Job growth has been ‘well above’ pace needed to sustain labor force
We expect that the job market will remain strong
Foreign growth is on ‘a firm trajectory’More:
Raising rates too slowly would raise the risk of having to tighten too quickly later
Baring a very significant change in the outlook, we don’t intend to alter balance sheet runoff process[color=teal][b]^^^ +1s & FED watchers never sleep – lol 😆
As the new FOMC chief will go “CAUTIOUSLY” in future it appears :whistle:
Too many folks & even our nation is a PRISONER OF DEBT 😳
it’s as simple as Jerome will not want to disrupt #45’s positive steps to more truly cause economy to rebound 8)[/b][/color]Fed Minutes
LiveSquawk @LiveSquawk
FOMC March 21 Meeting Minutes: All Policymakers Said Further Tightening Policy Likely Warranted, Almost All Agreed Gradual Approach Appropriate
A Number Of Policymakers Said Economic Outlook Implied Steeper Rise In Fed Funds Rate Over The Next Few Years Than Previously ExpectedGoldman Sachs Update Their Fed Forecast
– Think A June Hike Much More Likely Now – FXL
– GS Now Say They Have Put The Probability Of A Federal Reserve Rate Hike At The June Meeting At 85%
– Fed Upgraded Their View On The Economy – Growing FasterUS treasury auctions $29B of 7 year notes at 2.952%, highest yield since April 2010
Bid to cover at 2.56x vs 2.34x at the last auction and Highest since January
12.7% to direct bidders
21.6% to primary dealers
65.8% to indirect bidders. indirect bidders largest JanuaryPrimary dealers take the smallest share of the seven-year supply since January
- You must be logged in to reply to this topic.