Free Trial

Have begun to see 2020 FOMC sell-side...........>

FED
FED: Have begun to see 2020 FOMC sell-side previews trickling in, but haven't
heard anything in a long time on the Judy Shelton/Christopher Waller nominations
for the 2 Fed board vacancies, announced by Trump back in July.
- Our D.C. team got an official response yest from Senate Banking Comm. on the
status of the nominations, and they said: No updates; no one has been formally
nominated, so any status inquiries should be directed to the White House.
- So ... sounds like nothing doing for the time being. Both seen as potentially
pursuing dovish policy if confirmed.
- Coincidentally, an article on Shelton came out overnight on BBG, saying she
"challenged an article of faith regarding the U.S. central bank in private
comments to a bank executive last month: that it should operate free of
political influence."

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.