ZH: Visualizing all of China's trade partners
ZERO HEDGE writes: China stands as a formidable player in the global trade arena, wielding its ...
Up and Down arrow a footbridge
ZERO HEDGE writes:
The short-term interest-rate (STIR) market is now pricing in 10 more rate-hikes this year, after St.Louis Fed’s Jim Bullard, SF Fed’s Mary Daly and even Fed Chair Jay Powell dropped the hawkish hammer of evil on silver-lining-seeking equity market investors (seeing multiple 50bps hikes ahead)…
(Source Bloomberg)
The market is now fully pricing in a 50bps hike in both the May and the June FOMC meeting (and pricing in a 75% chance of a 50bps hike in July too and a 50% chance of a 50bps hike in September!).
Powell told the audience at an IMF debate that “the US labor market is too hot… unsustainably hot.”
To read the full post, please click here.
The Economist: “Why the Federal Reserve has made a historic mistake on inflation” (sub. required to read the full article).
CNBC: “Powell says taming inflation ‘absolutely essential,’ and a 50 basis point hike possible for May“.
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