dChan
Anonymous ID: 4fccef July 17, 2024, 8:01 a.m. No.21227308   🗄️.is 🔗kun   >>7340 >>7480

Trump turns up heat on Fed ahead of expected rate cuts: 'It's something that they know they shouldn’t be doing.'

 

(The fake Inflation #s are cooperating nao because the Owners Equivalent Rent-OER-is beginning to drop and that is a 5 month in arrears indicator and Sept rate cuts been asked for by Mr. Bond for over a month-cap 2)

 

New comments from former President Donald Trump are turning up the political pressure on the Federal Reserve as policy makers make it clear they are getting closer to cutting interest rates.

 

In an interview with Bloomberg published Tuesday night, the Republican nominee again reiterated that central bank officials should not ease monetary policy before the November election. It’s something that they know they shouldn’t be doing," he said. But Fed officials — including Fed Governor Chris Waller in a new speech Wednesday titled "Getting Closer" — are suggesting that the time for cuts is in fact drawing near.

"While I don’t believe we have reached our final destination, I do believe we are getting closer to the time when a cut in the policy rate is warranted," Waller said in his speech at the Kansas City Federal Reserve.

 

Evidence is mounting that disappointing inflation data in the first three months of the year may have been an "aberration," Waller added, and that inflation data so far from the second quarter show steady progress toward the Fed's goal of 2%.

"The effects of tighter monetary policy [may] have corralled high inflation," he said.

(this one-Williams-said months ago they next move would be a cut and since all of the programs and ‘help’ originate from the NYFed he’s the only one really worth listening to but they want to replace him as well using the “talent flight” argument in a hit piece about 2 months ago)

New York Fed President John Williams also told the Wall Street Journal Wednesday that an interest-rate cut could be warranted in the coming months — though not at the central bank’s next meeting July 30-31 — if the slowdown in inflation continues. Markets are currently betting the central bank will cut rates in September, just seven weeks before Election Day. Traders are pricing in a more than 90% chance of that happening, up from 70% just a few weeks ago.

https://finance.yahoo.com/news/trump-turns-up-heat-on-fed-ahead-of-expected-rate-cuts-its-something-that-they-know-they-shouldnt-be-doing-141440157.html

https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

Anonymous ID: 4fccef July 17, 2024, 8:06 a.m. No.21227338   🗄️.is 🔗kun   >>7349 >>7480 >>7591

>>21226657 lb

Saudi AF RSF1901 A330 heading NW from Riyadh depart

 

Belgium AF BAF70 Falcon 7x back to Brussels from Kinshasa, Congo depart

Arrived from Porto Novo, Benin depart on 0714

 

Bulgaria AF BG001 G650 heading to

 

German AF GAF630/683 Global Explorer(s) departed Messina, Sicily N to Berlin

 

Italy will unveil Sicily bridge project to G7 trade ministers

https://www.adnkronos.com/internazionale/akieng/italy-will-unveil-sicily-bridge-project-to-g7-trade-ministers_61kE9g6otMaIxJrjSvQfDA

 

Italian AF IAM9002 A319 departed Tripoli N

Usually this is President Sergio Mattarella’s call sign (9002) but he’s in Brazil nao so dunno who this is.

Anonymous ID: 4fccef July 17, 2024, 8:27 a.m. No.21227459   🗄️.is 🔗kun   >>7480

60-0345 KC-135 Stratotanker replaced by NICE22-same-as Papas’ (cuz he’ll be Hispanic today) mobile filling station

Some JANET flights-one leaving Skunkworks