Fed Gets Opposite Response It Wanted: Inversions Strengthen
Counting the FF Rate, the yield curve flattened quite a bit but inversions between 3-month and long end widened.
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Counting the FF Rate, the yield curve flattened quite a bit but inversions between 3-month and long end widened.
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The odds the Fed Funds Rate would be 1.75% to 2.00% fell from 54.2% yesterday to 0% today.
The ExxonMobil complex in Baytown, Texas—home to one of the largest oil refineries in the country—caught fire on Wednesday after…
Last November, the Burger King—the actual Burger King—symbolically shaved his beard to show his support for the Movember Foundation, a…
According to Fed Chair Jerome Powell, this may not be the beginning of a rate cut cycle.
The Fed cut interest rates by 25 basis points but Esther George and Eric Rosengren dissented.
Here is the final snapshot of the yield curve and spreads ahead of the first interest rate cut since 2008.
The EU would be wise to make a deal with the UK. It will get clobbered in the event of…