​FOMC Minutes Show Fed Considerably More Divided Over Size Of Rate Cut – Tyler Durden

FOMC Minutes Show Fed Considerably More Divided Over Size Of Rate Cut Since the last FOMC meeting on September 18th, bonds have suffered a bloodbath while gold, stocks, and the dollar are all up modestly… Source: Bloomberg Despite the apparent dovish pivot, the market’s expectations for rate-cuts (this year and next) has plunged dramatically… Source: Bloomberg This should not come as a huge surprise as Powell’s raison d’etre for major rate cuts evaporated as US macro data has surged higher, surprising to the upside almost non-stop… Source: Bloomberg It’s hard to justify slashing rates any further in the face of…  — Continue at ZeroHedge News : Read More