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Potential Pause?

US TSYS

Some see as potential for pause by year end:

  • “Participants noted that, with the federal funds rate expected to be near or above estimates of its longer-run level later this year, the Committee would then be well positioned to determine the appropriate pace of further policy firming and the extent to which economic developments warranted policy adjustments.”
  • That said, Tsys holding near lows while equities bouncing:
    • DJIA up 20.22 points (0.07%) at 30892.85
    • Nasdaq up 50 points (0.4%) at 11315.12
    • S&P E-Mini Future up 11.5 points (0.3%) at 3831.25

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