That pretty much seals it, but it was 95% priced in anyway. From the Fed Governor (and candidate to be the next chair): Rate cuts …
Category: Central Banks
Barkin isn’t prone to exaggeration. If anything, he’s careful in choosing his words but he’s highlighting a ‘noticeable shift’ in the jobs market and says …
Fed interview process is going well Had a great interview for Chair Have not spoken to the President Cutting rates again is the right thing …
Rate cuts by year-end Fed: 48bps (98% probability of rate cut at the upcoming meeting) 2026: 120 bps ECB: 2 bps (99% probability of no …
The uncertainty about the economy that had dissipated is now back because of US-China trade tensions But do not see a recession as a result …
Current rates are not holding back investment or activity For another cut the economy should do significantly worse than we are assuming Inflationary period appears …
Important to keep powder dry for potential crises He’s keeping a neutral stance here highlighting the need to keep some room for additional rate cuts …
Probability of another cut has been receding Recently he mentioned that the ECB is in a good place, so this latest comment just reaffirms his …
No comment on specific FX levels But important for currency to move in a stable manner, reflecting fundamentals Will take into account if there is …
He doesn’t want to confirm if he will favour the proposition to raise rates again in October, merely saying that he believes it to be …