100% Rate Cut Probability

The bond market has been calling (Oh Jerome?) and while they will pretend they are operating business as usual, the Fed is listening. So too are the futures wise guys…

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“We will use those tools…”

Today from Fed Chairman Powell... Powell says Fed will aggressively use QE to fight next recession Federal Reserve Chairman Jerome Powell said Wednesday the central bank would fight the next…

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RIP Mr. Volcker… Some Thoughts

Paul Volcker has passed away and that bears a few words, not to celebrate or criticize him, but to take a look at US central banking in general with regard…

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99.5% Rate Cut Today T-minus 4 Hours

CME boyz predict a .25% cut today in near unanimous fashion. They ease up in December, leaving room for the Fed to surprise the market should there be some kind…

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Powell Cuts, Trump Throws a Twantrum [w/ edit]

[edit] I may have misspoken in the post below. If my hazy memory serves I think I remember something about Powell not being a formally trained economist. But it does…

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