UBS On-Air: Paul Donovan Daily Audio 'Fed speakers confirm your beliefs'

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UBS On-Air: Market Moves not yet transcribed

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Recorded09 Apr 2024

Publishersecure.ubs.com

Handlerec:4544103

Show notes

The market calendar is mainly noise. Quite a lot of that noise has come from Federal Reserve members. Investors can pick whichever view they want, to confirm whatever preconceived policy views they hold. Recent remarks offer a choice of three rate cuts, vigilance against inflation, or too soon to cut rates. The range of views matters less than in the past, given the Powell Fed’s weird unanimity of decision-making.

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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