2 minute read
Weekly Cash Commentary
1 minute read
4 minute read
Interest rates have fallen, but in the liquidity space, the sky has not.
3 minute read
The data did not support the large cut, but the Fed did not want to seem behind the curve.
The Fed’s half-point rate cut shows it still thinks the economy can avoid a recession.
Markets are yet again pricing in too many Fed cuts.
The FOMC is back to considering both the labor market and inflation equally as it weighs cuts.
A gathering of professionals acknowledged five decades of money funds and sifted through issues in their future.
Weekkly Cash Commentary
5 minute read
With the Fed on hold and tax collection over, assets resume flowing into liquidity products.
The U.S. Treasury’s plan to buy back some of its securities should have many benefits.
The Fed's game plan hasn't changed, but defeating inflation will take longer than it expected.
The Fed is not feeling pressure to cut rates.
The Fed's dot plot held the intrigue at the FOMC meeting.
Strong reports have swayed expectations for rate cuts rather than the Fed's constant blaring.
The Fed removed its tightening bias, opening the door to rate cuts.
Three things to watch in 2024.
The Fed now projects rate cuts in 2024, just not as many as the markets have.
The markets have swung too far by forecasting multiple Fed rate cuts in 2024.
The Fed wants more time and data as it looks to December's meeting.