Free Trial

MNI PODCAST: FedSpeak-Hiking Into Recession -DiMartino Booth



  • Markets hoping for a dovish Fed hike this week will likely be disappointed, says former Dallas Fed adviser Danielle DiMartino Booth. Powell "goes into his war bunker and says OK now we’ve got September priced out, how do we get September priced back in?”
  • The U.S. economy is already in a "quiet recession" but the Fed will keep lifting rates for now.
  • “The credit crisis is happening, it’s just happening very slowly,” she said, arguing that fiscal policy and consumer borrowing are masking the weakness.
Listen to the full podcast here.
MNI Washington Bureau | +1 202 371 2121 |
MNI Washington Bureau | +1 202 371 2121 |

To read the full story



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.