SCHO

On My Mind: The Fed, The Treasury And A Fistful Of Dollars

The Fed’s press conference following the policy meeting was remarkably dovish, says Sonal Desai. He says the Fed is facing a challenge of dealing with persistent inflation pressures in the U.S. Desai says the economy is still growing at a healthy pace. The Fed needs to keep a close eye on signs of weakening growth.

Was April's Correction Noise Or Signal For Global Markets?

April was a rough month for investors, but the rebound in asset prices in the early days of May has revived expectations that the worst has passed. Friday's US payrolls data posted a substantially softer-than-expected rise in April. The news lifts the odds that the Federal Reserve will cut interest rates this year. Much depends on how fast the US economy slows.

Weekly Market Pulse: What Did Powell Say?

Home Market Outlook Today's Market Weekly Market Pulse: What Did Powell Say? Jerome Powell was expected to be hawkish at last week's FOMC meeting. The recent rise in rates appears to have run its course, says Joseph Calhoun. He says the market should have priced in a hawkish Powell.

Weekly Report: what happened at SCHO last week (0429-0503)?

Weaker U.S. Job Numbers Boost Expectations Of A September Rate Cut

Weaker U.S. Job Numbers Boost Expectations Of A September Rate Cut. Non-farm payrolls rose 175k in April versus the 240k consensus. Job creation was weaker, unemployment higher and wage growth more subdued than expected in the April employment report. The unemployment rate moves up to 3.9% from 3.8% and the average work week dropped to 34.4 hours. The report has breathed new life into Federal Reserve interest rate cut calls.

How The Bond Market Learned To Love The Fed

The bond market is abiding the Fed. The market had already priced itself out of the multiple rate cut fantasy. The Fed’s base case view continues to be that growth will maintain a steady pace while inflation gradually gets back to the 2 percent target. Jay Powell downplayed the possibility of stagflation.

U.S. Fed Keeps Interest Rates On Hold, Highlights Lack Of Progress On Inflation

U.S. Fed Keeps Interest Rates On Hold, Highlights Lack Of Progress On Inflation. Scott Colbourne with TD Asset Management says the Fed's focus is on the labor market. The Fed acknowledged a lack of progress on inflation and the reduction in the balance sheet runoff pace.

Quick Thoughts: Fed Hawks Will Fly Lower - Eventually

Home Market Outlook Economy Analysis Quick Thoughts: Fed Hawks Will Fly Lower - Eventually. The Federal Reserve decided to leave the Fed funds rate unchanged at its meeting on May 1. The doves will come eventually - but first, we will have to wait and see these hawks fly a bit lower.