Fed's Goolsbee: The war definitely throws a wrench into plans to cut rates
News brief
It's an intense moment, there is a lot hanging in the balanceI dissented last year because we didn't not have the data that inflation was going awayThis definitely throws a wrench into plans to cut ratesThe Fed funds futures market is pricing in about a 30% chance of a rate hike this year.Miran also speaking:POlicy outlook remains for………………………………………………………………………………………………………
Why traders care
For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment.
What to watch next
- Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.
It's an intense moment, there is a lot hanging in the balanceI dissented last year because we didn't not have the data that inflation was going awayThis definitely throws a wrench into plans to cut ratesThe Fed funds futures market is pricing in about a 30% chance of a rate hike this year.Miran also speaking:POlicy outlook remains for…………………………………………………………………………………………………… It's an intense moment, there is a lot hanging in the balance I dissented last year because we didn't not have the data that inflation was going away This definitely throws a wrench into plans to c... It's an intense moment, there is a lot hanging in the balance I dissented last year because we didn't not have the data that inflation was going away This definitely throws a wrench into plans to cut rates The Fed funds futures market is pricing in about a 30% chance of a rate hike this year. Miran also speaking: POlicy outlook remains for rate cuts Pulled back his dots to… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.
