Morning Bid: Data is king, Fed its servant

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Morning Bid: Data is king, Fed its servant
Global MarketsKevin BucklandFed
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The verdict from investors appears to be that benign U.S. inflation trumps the Fed's rate outlook, clearing the way for gains in Asian equities, and...

The verdict from investors appears to be that benign U.S. inflation trumps the Fed 's rate outlook, clearing the way for gains in Asian equities, and potentially in Europe too.

Williams has been of the mind - like Powell - that policy is in a good place to bring inflation steadily down to target. Rep. Andy Ogles suggested that Hunter Biden’s conviction in the federal gun charges case could create “an opening” for Michelle Obama to make a bid for the White House.

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