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Breaches Key Short-Term Support


Late SOFR/Treasury Option Trade

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FED: Eyes on Fed non-voter Mester at the bottom of the hour. She was previously
part of the hawkish Fed contingent, but in early Jan she pointed to greater
flexibility over the timing of additional hikes, telling CNBC that she doesn't
"feel an urgency to increase rates from where we are now because I see an
impending inflation problem. I don't see in the data. I do think that, you know,
we have to take into account that financial market conditions have tightened."
Mester had previously noted that the Fed has more time to assess policy as it
approaches the neutral rate.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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