The Fed could slash rates by 200 points over 8 straight meetings as the economy heads for a sharper downtrend, Citi, $C, has said.
— unusual_whales (@unusual_whales) July 15, 2024
FED'S GOOLSBEE: INTEREST-RATE CUTS ARE SOON WARRANTED – WSJ.
— FinancialJuice (@financialjuice) July 15, 2024
NY Fed: manufacturing remains in contraction yet again for July w/ employment declining and input price inflation picking up slightly; firms are still optimistic about business conditions 6 months from now, although that optimism has moderated since Jun: pic.twitter.com/CcyDHokIrw
— E.J. Antoni, Ph.D. (@RealEJAntoni) July 15, 2024
Confirming the PPI from last week, the Empire State manufacturing index shows “prices paid” spiked significantly.
Inflation is not finished, even as productive capacity grinds to a halt.
This is the definition of stagflation. t.co/kjw1IeQ9vR
— Uncle Milty’s Ghost (@his_eminence_j) July 15, 2024
Inflation and Interest Rates may stay higher for longer warns JP Morgan CEO Jamie Dimon pic.twitter.com/SBcYZA9bli
— Win Smart, CFA (@WinfieldSmart) July 15, 2024
Large speculators' net long positioning in Coffee futures is hovering near record highs. pic.twitter.com/hb0mt0zasx
— Daily Chartbook (@dailychartbook) July 15, 2024
When The Federal Funds Rate Falls
This year, there has been a lot of discussion surrounding the Federal Funds Rate and what will happen when it declines.
Looking historically, the picture is not as clear as one might expect.
Below, you'll find the 30-year view of the Federal… pic.twitter.com/2KfAE79pfr
— Reef Insights (@ReefInsights) July 11, 2024