Posted on 02/13/2022 8:01:51 AM PST by Browns Ultra Fan
On Monday at 11:30 EST, The Federal Reserve Board of Governors will have a closed door session to determine if they should raise rates and/or change the speed of Fed asset purchases.
Between raging inflation and the potential wag-the-dog Russian/Ukraine tensions, The Fed has a lot to consider. Particularly if they are watching the 10Y-2Y Treasury yield curve plunging.
And we have the USD Inflation Swap Zero Coupon rate rising again.
While the Treasury and US Dollar Swaps curve are upward-sloping (not surprising since The Fed has aggressively pushed short-term rates to near zero), we are seeing Treasury Inflation Protected (TIPS) in negative territory until we get to 30 years.
And with Russian-Ukraine tensions growing, we see WTI crude oil up 96% since Biden took office.
Monday should be an interesting day. The market is now pricing in 6 rate hikes for 2022.
To paraphrase late, great Otis Redding, we can’t turn The Fed loose.
(Excerpt) Read more at confoundedinterest.net ...
I wonder what kind of pressure they are getting from Crackpipe Joe.
I’m sure they’re getting pressure to do what it will take to
crash the economy. The Globalists must bring down the USA in order to implement the Great Reset.
Ain’t spit difference between Joe Biden, Hugo Chavez, Robert Mugabe.
Maybe they will lower interest rates. The elites in the know have not got out of the market yet.
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