Investors Fret Over Fed Rate Path Amid Mixed Data

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Recent mixed data on the health of the U.S. economy has sent conflicting signals to investors, who await the Fed’s statement and economic projections

Federal-funds futures, used by investors to place bets on the course of central-bank policy, showed 25% of the market on Tuesday expected a Fed rate cut this year, while no investors predict a rate increase, according to data from CME Group.

 

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Wall StreetJournal has it America...

More than 70% of Americans believe the U.S. economy is in good shape, according to a new CNN poll, positive impact on President Donald Trump’s approval rating. Companies are scrambling to find workers - impacting pay and benefit packages for U.S. blue collar workers.-up 6%

The 'mixed' signals are what the media report. The actual economy is doing well.

This is nuts!

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Source: CNBC - 🏆 12. / 72 Read more »