Fed Governor Kugler backs caution on rates – cnbc
““At some point, the continued cooling of inflation and labor markets may make it appropriate to reduce the target range for the federal funds rate,” Kugler added. “On the other hand, if progress on disinflation stalls, it may be appropriate to hold the target range steady at its current level for longer to ensure continued progress on our dual mandate.”
right adrainna & thks !
for dollar to get new uP oomph looks like puppy be needing new additional energy vectors in the form of posi-data
hello orwell
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* Nicknamed the “Broker Butcher,” Wu Qing was previously the acting vice mayor of China’s major financial hub Shanghai and served nearly two years as chairman of the Shanghai Stock Exchange.
* His predecessor Yi Huiman took the mantle of the CSRC in 2019, tasked to undertake a spate of sweeping capital markets reforms.
EURUSD – Now comes the “make it or break it” moment…1.07550 held on the first impact…( and it happened today exactly as I warned yesterday – 10 min before UK exit time) …
“In a time of Universal Deceit – telling the truth is a revolutionary act.” – Orwell
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fwiw:
Whatever it takes? There are those that are concerned about broader stability or systematic risks, especially if disruptions spread to financial markets and the real economy. Interest rates are also likely to remain high with the Fed taking a March cut off the table, while the long inversion of the yield curve isn’t helpful for banks that borrow short to lend long. A full contagion and CRE crisis could see thousands of banks fail under a worst-case scenario, according to SA Investing Group Leader Avi Gilburt, who explores non–owner–occupied property loans, office building vacancies and default rates in a recent Seeking Alpha article. (12 comments)
srce: Seeking Alpha
concerned yellen says stress is manageable
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“US Property Fears Send German Lender Bonds Plunging
(Bloomberg) — Losses in the commercial property market, which have already sent some banks in New York and Japan into a tailspin, moved to Europe’s biggest economy this week.
probably a good idea to wait a bit more before looking to buy some bottoms
Sitting here today, I would say, two or three cuts would seem to be appropriate for me right now,” he said during a CNBC “Squawk Box” interview. “But again, I don’t want to prejudge things, but that’s, that’s my gut, based on the data we have so far.” said the 2024 non-voter
