http://sg-stock.blogspot.com/2019/04/whats-happening-to-usd-now-why-is-it.html
Iorr: 2.35% (May) vs 2.4% (April)
Effr: 2.38% (May) vs 2.44% (April)
Ioer: 2.35% (May) vs 2.4% (April)
On RRP: 2.25% (April) vs 2.25% (May)
Effr: 2.38%
Ioer: 2.35%
The spread between Effr & Ioer is shrinking which denotes that the monetary tightening condition is starting to ease. The Iorr, Effr and Ioer have decreased in May, and the declines in IR show that the US Fed is willing to consider interest rate cuts if the economic situation deteriorates further.
2 comments:
Fed will only cut if S&P500 stays below 2500.
In the meantime use these 2-3 months to BTFD!! :)
Fed has no interest in the stock markets because its cardinal duty is to manage the economy and not the stock markets.
Fed will cut rates when the economy deteriorates.
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