Dick Berner
Dick Berner
chance fed friendly market moving obviously
It's obviously a very market friendly report. It reduces the chance of the Fed moving in October, but it does not take the Fed completely out of the game.
beginning change enjoying fed low market prices raise rates reason ride riding sign signs
It confirms that they see what many in the market see, which is no significant sign of inflation, but there are signs that artificially low prices are beginning to recover. Right now the Fed is enjoying the ride and riding on their credibility. There's no reason for them to raise rates and change that.
fate great increase inflation next numbers rates risks seal seems upside
The numbers look great but it doesn't seal the fate on having no increase in rates next week. It seems to be there are still some upside risks to inflation pressures.