A slower #growth and cooling #inflation environment will allow #Fed to gradually reduce rates next year, thus stabilizing #real yields and potentially biasing them lower, notes Jordan Jackson @JPMorganAM

#Fed’s latest #BeigeBook, which surveys dozens of district banks, noted that more companies seem to be struggling to pass their own costs onto their customers -(margins measures the degree to which sales become profits), chart Madison Faller @JPMorganAM

#Fed Funds futures: market pricing of #Fed policy rate moves, chart @BloombergTV

#Fed is expected to lead the cutting cycle, having made the most progress on inflation. For #ECB, in particular, the preoccupation with current inflation means it will try to keep policy rates elevated for as long as possible, notes @TS_Lombard

David Duke - Zionists Control Everything, Sept 9, 2023
https://odysee.com/@RizoliTV:d/David-Duke---Zionists-Control-Everything,-Sept-9,-2023:8
#news #scam #politics #finance #sec #fed #jews #federalreserve #economy #US #USA #money #wallstreet #inflation #banks #banksters #worldbank #zionism

Say #Congress passed a wealth tax where individuals with wealth over $1 million would be billed a monthly wealth tax at an annualized rate of 3%. But if inflation was above target, the Fed could raise the monthly bill to an annualized rate as high as 8%. They could also bring it back down, but not below 3%.

If people with money had a higher monthly bill, maybe they wouldn’t buy as many houses, cars, boats, etc., and the #Fed could do something about demand-side inflation in a targeted way

When central banks (CB) attack the demand side of inflation, they should employ at least some tactics that target upper incomes or wealth. After all, those targets are most responsible for demand-side inflation:
https://hachyderm.io/@jrefior/110701318560000924

Plus we have extreme #inequality.

There are probably many ways to do this, and they start with congress/parliament. My idea was to set a base wealth tax, and empower the CB raise the rate when inflation is high.
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#inflation #economics #fed #MonetaryPolicy

Fed Official: Digital Dollar Decision Still a Long Way Off - The Federal Reserve’s vice chair for supervision has affirmed that the U.S. centra... - https://news.bitcoin.com/fed-official-digital-dollar-decision-still-a-long-way-off/ #centralbankdigitalcurrency #vicechairforsupervision #digitaldollarissuance #federalreserve #digitaldollar #cbdcissuance #jeromepowell #michaelbarr #regulation #fedcbdc #cbdc #fed

#Fed is done raising rates has grown in the past month. Fed Chair Powell’s promise at #JacksonHole to “proceed carefully” is a signal that a Sept hike is off the table and the hurdle for a Nov hike is significant, chart Jan Hatzius @GoldmanSachs

If #inflation continues to cool at the same time #Fed holds rates, this means the real policy rate (nom policy rate minus inflation) is getting more restrictive without #Fed doing anything at all, chart Madison Faller @JPMorganAM

US underlying #inflation may already be near #Fed ’s target, despite the ups and downs of #commodity prices, traditional ex #food and #energy inflation, and the core services ex #housing CPI or PCE measures, notes @GoldmanSachs

#Fed has now offloaded about $1trn of its #bond holdings since it began working down its bloated balance sheet last year, chart @mccormickliz https://tinyurl.com/kffnnrr8

And that 10% - accounting for more than 60% of index market cap - had seen no rise in net interest payments so far in #Fed campaign. It holds 70% of the overall #cash, now earning handsome interest returns.

Assuming #inflation returns to #Fed 's 2% target in time, r-Star implies a long run nominal Fed FR of just over 2.5%. That is exactly where #Fed policymakers' median interest rate projection has been since June 2019, barring a dip to 2.4% early last year, chart @ReutersJamie https://tinyurl.com/3zn793m9

#Fed Funds futures: market pricing of #Fed policy rate moves, chart @BloombergTV

Looking ahead, recent softness in the #labor market, coupled with a downward trend in #inflation, should be enough to keep #Fed on hold at the Sept. meeting, notes David Lebovitz @JPMorganAM

#Fed Funds futures: market pricing of #Fed policy rate moves, chart @BloombergTV

IG bond issuance, UST sank as a handful of companies flooded the market with billions of dollars in debt sales before this month’s key economic data and #Fed’ s rate decision, chart @BloombergTV https://tinyurl.com/bdd7hfuy

#Fed Fund futures: market pricing of #Fed policy rate moves, chart @BloombergTV

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