The Collaborative Market Data Network -
serving the Public interest of Transparency in Debt Capital Markets
The Collaborative Market Data Network
Serving Transparency in Capital Markets
The Collaborative
Market Data Network

THE FED WANTS MORE DATA BEFORE CUTTING, BUT A COOLING JOBS MARKET WILL HELP

Post Date: 06 March 2024

Fed Chair Jay Powell's testimony to Congress suggests an inclination to cut interest rates to a more neutral level, but with inflation still above target and the activity data beating expectations, the central bank isn't in a position to do so. More data is required, but with more evidence of a cooling jobs market we still think they can cut rates from June


Continue reading this article?

If you are an Issuer, Dealer (Syndicate/Origination/Trading/Sales) or a Qualified Institutional Investor, a Capital Markets Lawyer or Regulator please try full access.
Register here

Already a subscriber?

Please Sign in