Goldilocks Inflation Fed Rate Balance
The market is in 'goldilocks conditions' until significant inflation growth prompts the Fed to raise interest rates.
Too little corroboration in the last 3 days to call a trend (3 articles). Watching for it to gain traction.
"A second macro focal point emerged on Capitol Hill, where Fed Chair nominee Kevin Warsh opened his confirmation hearing with unusually pointed prepared remarks. Warsh told senators the central bank “needs new tools and new communications,” and called for “a regime change in the conduct of Fed policy” alongside a “new inflation framework.”"
"Despite softer economic data, the US Federal Reserve was expected to leave its key interest rate unchanged at the conclusion of next week's monetary policy meeting."
"Inflation remains elevated, and with the possibility of energy prices eventually moving into the pipeline, the Fed is likely to stay on hold for a longer period of time."
"Persistent inflation is a top issue facing Americans in 2024, and elevated prices have delayed anticipated rate cuts from the Fed."
"The job market is being closely watched because it has remained strong amid high inflation."
"The job market is being closely watched because it has remained strong amid high inflation."
"The job market is being closely watched because it has remained strong amid high inflation."
"The Fed may be comforted enough to ratchet down the pace of interest rate increases in their next few meetings but I think that they are still very much concerned about inflation."
"Investors keeping an eye out for key monthly US inflation data to get cues about the future of the Federal Reserve’s monetary policy."
"If you value gold’s standing in relation to industrial metals as a key market/financial/economic indicator as I do, then you view the ongoing consolidation in the price to the price as a key indicator going forward."