Rate Cuts Archive

Saudi/Fed teamwork

Looks like markets are still trading with the assumption that as the Saudis/Russians hike prices the Fed will accommodate with rate cut. That’s a pretty good incentive for more Saudi/Russian oil price hikes, as if they needed any! Likewise, the US is a large exporter of grains and foods. Those prices are ...Read More

Ip: intermeeting ease/action

(an interoffice email)  Thanks, and good call! > > > > Many I spoke to post-fomc talked about an intermeeting ease on the discount > rate. > > Also, that the Fed would use their mouthpieces (Ip,e.g.) to get a message > out tomorrow if today’s reaction went poorly. > > So ...Read More