FOMC Minutes Show “Vast Majority” See September Cut As Appropriate Since the last FOMC meeting on July 31st, bonds and bullion have soared while the dollar and oil have floored, with stocks roller-coastering to a modest gain… Source: Bloomberg A lot has happened in that brief three weeks with both soft and hard macro data declining, prompting growth scares which terrified stock investors (and then prompted them to BTFD). Source: Bloomberg …but the last few days have seen bonds revert to more recessionary-fears as the stock squeeze continued… Source: Bloomberg Most notably, rate-cut expectations have soared since the last FOMC… — Continue at ZeroHedge News : Read More
Home » FOMC Minutes Show “Vast Majority” See September Cut As Appropriate – Tyler Durden