Financial Intelligence is part of the Business Intelligence Division of Informa PLC
This is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
I get that despite all the data ahead of NFP, it was inevitable that a nuanced shift in the FOMC statement would garner more attention than was warranted. I refer to the notion that “Inflation on a 12-month basis is expected to run near the Committee’s symmetric 2 percent objective over the near term.” The takeaway seems to be that if inflation ran a bit over that, or under for that matter, it wouldn’t compel the Fed to respond with more or less of the projected trajectory of hikes. In other words, the market’s pricing is about right in the Fed’s view, though if it were to err I continue to think it should be to a third hike in December. Perhaps Fed rhetoric is keeping some powder dry in light of heightened volatility and eccentricity -- I refer to the markets as much as politics. Read more David Ader's latest musings...
Serving institutional clients worldwide, we provide premier data for competitive intelligence and analysis, delivering fast, accurate information for more than 2,000 US, enhanced cash and offshore money funds.
You’ll be able to understand market trends, uncover opportunities and develop long-term growth strategies with access to confidential data from over 100 leading financial services providers – data that’s not available from anywhere else.
You’ll get real-time news and analysis of primary bond markets around the world, 24 hours a day, five days a week. And it’s delivered by experienced market analysts, many of whom have worked in the markets themselves.