Free Trial
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.
FED
PredictIt pricing when it comes to odds surrounding a second term for Fed Chair Powell ticked further away from lows on Tuesday.
- The move came after a White House spokesman noted that U.S. President Biden "does have confidence in Powell at this time." While the support is there at present, the use of the phrase "at this time" is interesting, and suggests that the consideration of an alternative may be underway.
- Elsewhere, well-known Powell critic, Senator Elizabeth Warren, resumed her critique of the Fed Chair on Tuesday, suggesting that he had "failed as a leader" when it came to the recent, well-documented trading activity on the part of senior Fed officials.
Fig. 1: Odds Re: Whom Will The Senate Next Confirm As Chair Of The Federal Reserve?
Source: PredictIt
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok