Fed Hikes Rates and Outlines Balance Sheet Normalization Plan Despite Another Low Inflation Reading
A busy Wednesday for U.S. economic releases started with another lower-than-expected reading on consumer inflation.  May retail sales were also...
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Doubts About the Appropriateness of a Fed Rate Hike Next Week Are Misplaced
In the last week there has been commentary and media articles questioning why the Fed would hike rates on Wednesday given the latest U.S. jobs and...
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U.S. Payroll Growth Disappointed But June Fed Hike Expectations Undisturbed
Nonfarm payrolls rose 138,000 in May, which compares to a median consensus projection of a 180,000 gain. Â Also, payroll gains for the prior two...
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NFP Yield Bet and US Breadth
Chartonics Friday 2 June 2017Rates/NFP and US breadthThis T-Note chart is the path we outlined in our FX update Thursday. Strong ADP report did...
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The Fed Takes Another Step Toward Ending Balance Sheet Reinvestments
The Federal Reserve published the minutes of the May 2/3 FOMC meeting on Wednesday and included were additional details on plans to begin the...
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