trips for da bred
tyb
Dollar & Bond Yields drop after FOMC Folds-signals rates on hold until Dec 2020
The dollar is the highlight among price action following The Fed statement, tumbling back below its Oct 30th pre-FOMC levels. Bond yields are sliding lower also and stocks have reflexively rallied modestly…
A big drop in the dollar. Cap#1
And bond yields are sliding.Cap#2
With the rate-trajectory signaling no rate-cut until at least Dec 2020-Cap #3
https://www.zerohedge.com/markets/dollar-bond-yields-slide-after-fomc-folds
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
gold/silver got a slight boner and is consolidating that $9/.21c oz move at present.
Probably get some additional action when asia wakes up.
FOMC statement text-all voted to pause.
Following is the FOMC statement released today by the Federal Reserve in Washington:
Information received since the Federal Open Market Committee met in October indicates that the labor market remains strong and that economic activity has been rising at a moderate rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Although household spending has been rising at a strong pace, business fixed investment and exports remain weak. On a 12-month basis, overall inflation and inflation for items other than food and energy are running below 2 percent. Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed.
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee decided to maintain the target range for the federal funds rate at 1-1/2 to 1-3/4 percent. The Committee judges that the current stance of monetary policy is appropriate to support sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee’s symmetric 2 percent objective. The Committee will continue to monitor the implications of incoming information for the economic outlook, including global developments and muted inflation pressures, as it assesses the appropriate path of the target range for the federal funds rate.
In determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee will assess realized and expected economic conditions relative to its maximum employment objective and its symmetric 2 percent inflation objective. This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments.
Voting for the monetary policy action were Jerome H. Powell, Chair; John C. Williams, Vice Chair; Michelle W. Bowman; Lael Brainard; James Bullard; Richard H. Clarida; Charles L. Evans; Esther L. George; Randal K. Quarles; and Eric S. Rosengren.
https://www.bloomberg.com//news/articles/2019-12-11/u-s-federal-open-market-committee-dec-11-statement-text
try that again..
Japan-Iran summit being finalized for Dec. 20
TEHRAN (Kyodo) – Japan and Iran are making final arrangements for their leaders to hold talks on Dec. 20, a source close to bilateral relations said Wednesday.
Iranian President Hassan Rouhani is planning to arrive in Japan in the evening of Dec. 19 for a three-day visit from Malaysia where he is expected to attend a conference, the source said.
If realized, it would be the first visit to Japan by an Iranian president since Mohammad Khatami in October 2000.
Japanese Prime Minister Shinzo Abe has said he wants to make Tokyo's own diplomatic efforts to ease tensions in the Middle East, confirming that Rouhani's visit was being arranged during a press conference in Tokyo on Monday. Tehran is seen as seeking to break the impasse over a 2015 nuclear deal, as the reinstatement of U.S. sanctions following Washington's withdrawal from the accord has been hurting its economy.
As Iran has moved away from the landmark deal in recent months, Abe is likely to urge Rouhani to keep to its commitments. The deal was intended to curb Tehran's nuclear program in exchange for the lifting of sanctions.
For resource-poor Japan, it is vital to secure the safe navigation of ships in waters in the Middle East, including near the Strait of Hormuz. Japan has been considering the dispatch of its defense forces to the region to enhance its information-gathering capabilities. But they are expected to stay away from the strait, located along the coast of Iran.
Japan has years of friendly ties with Iran. Abe visited Iran in June as the first Japanese leader to do so in about four decades. Iran used to be a major crude oil exporter to Japan before the United States threatened sanctions against nations buying it from the Middle East country.
In early December, Iran sounded out Japan about the possibility of Rouhani's visit when his special envoy Abbas Araghchi, the country's deputy foreign minister for political affairs, traveled to Tokyo and met with Abe.
https://mainichi.jp/english/articles/20191211/p2g/00m/0fp/097000c
>>7482457 Treasury staffer resigns after mother's guilty plea in college admissions scandal
>Littlefair himself has not been charged with a crime.
notable
resigns cause mom fucked up? Ok…
Not notable..spammed in EVERY bred
always b's choice. just pointing out the obvious.
no wonder I couldn't get the McGahn one from last year.
was several times yesterday.