US NEC Director Hassett says the outlook for Fed having room to cut rates is going to be very solid
The comment from NEC Director Hassett suggests a hawkish tilt in the Fed's outlook, potentially indicating they believe a rate cut is increasingly feasible.
[MARKET UPDATE] DXY continues to retreat from a 99.00 handle following US CPI; crude benchmarks trickle lower, Brent unchanged on the session (prev. +1%)
Senior Iranian Security source suggests should Israel strike Beirut again, the US-Iran negotiations will be terminated, Press TV reports
US NEC Director Hassett says the outlook for Fed having room to cut rates is going to be very solid
US NEC Director Hassett says 10% pace of boats are going through the Strait of Hormuz vs normal
Plumes of smoke rise in the sky of Tehran, Iranian Media reports
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This could lead to a stronger USD as market participants recalibrate expectations for monetary policy. Watch how this influences fixed income markets, particularly the curve and risk sentiment around US assets.
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