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DESK NOTE

Helious Squawk - FED Hammock Speech:

By Helious Desk : machine-captured, methodology-governed market data. How we capture prints →

Hammock is a massive hawk, she is one of the most hawkish members on the board, she would rather hike to get to 2% target than use other tools the FED has at their disposal. She was one of the 3 members that voted against the FED to stay unchanged in the previous meeting. Now knowing the recent data points with a miss in NFP, miss in CPI and PPI, and energy inflation trending downards, the FED is vindicated in their decision. To check the lean of each board member, go to FED SPEAK in the calendar widget of the terminal.

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