There is money going into Yen right now. I have been asked in private if I still believe the Fed will drop rates and I said I thought it would be a good idea for a while but if you are paying attention I do not feel that is a good idea until after the election because the economy is still a bit wonky. I know you hear me JP lol.
Fed’s Waller backs starting ‘careful’ rate cuts in September, says open to more ‘forceful’ moves down the road
The time has come to start cutting interest rates, but carefully, Federal Reserve Governor Christopher Waller said Friday
– marketwatch
Bloomberg
Fed’s Waller Says Jobs Data ‘Requires Action,’ Open to Big Cut
Federal Reserve Governor Christopher Waller said it’s important for the US central bank to begin cutting interest rates this month amid…
my 2:53 referes FED’s sept 12th allegedly being set to cut interest rate
my Qtn at this time is … has the market come to a concesus from today’s NFP as to either what the market wants the FED to follow OR what FED will want the peasants to think what the FED will do ?
and lets leave out the discussion about the FED being a-political please
maybe leave it for for another thread
Some character’s from the FED economic outlook is intended to hint at rate outlook by the gang
such as “ready to” start the process … or “trend justifies”