Nick Timiraos Tells Us Jay Powell Scored a Hat Trick… The jobs market and economy cooled while the long bond eased. What It Means—Now, if the Fed chair and other central bankers talk up lower GDP ...
Week In Review – April 22 2024
In Moderated Q&A, Fed Chair Powell Tells Audience It Might Take Longer to Tame Inflation… Powell noted that while inflation had declined significantly since last year, recent data have not given the ...
Week In Review – March 4 20204
Personal Consumption Expenditures Index Rose 0.3% in January… Excluding food and energy, the Personal Consumption Expenditures Index (PCE) rose 0.4%. What it means— Trailing energy prices gave ...
Week In Review – December 18 2023
The Federal Reserve Held the Overnight Rate to a Range of 5.25% to 5.50% and Signaled Rates Will Go Lower Next Year… The all-important “dot plot” showed the consensus for the overnight rate at the end ...
Week In Review – November 14 2023
Last Week’s Positive Momentum Based on the Treasury Issuance Announcement Carried Over to This Week… The changes drove hedge funds and institutions from net short to net long, pushing yields down and ...