Expectations for a half-percentage-point cut might fade a little bit. There's some firmness to these numbers, so it's not as dire as people had begun to think after last week's beige book.
More Quotes from Carol Stone:
It is only six weeks until the next meeting. I doubt they will have to go between meetings. There is the probability of at least a (0.25 point) cut and more likely a (0.5 point) cut in June.Carol Stone
We're dedicated to supporting mainstream jazz, and we don't veer too far off from that. But we do spend a lot of time thinking about how to make the festival grow and how to have a lot of variety. We have the avant-garde, the old jazz legends, the older musicians and younger musicians and we're known for our high-energy jam session.
Carol Stone
This week's collection of data will give the markets plenty to trade on,
Carol Stone
A lot of people are surprised. I am too. I hesitate to read too much into one month's number, but certainly it does indicate that the worst may have passed for factory activity.
Carol Stone
I think investors will pay attention to this appearance by the Fed chairman. He will outline the Federal Reserve's own workings. This will be interesting because many speakers from the Federal Reserves have recently discussed the fact that we are going to have a recovery, but it's going to be slow,
Carol Stone
This would be an indication that activity is increasing at more than half the manufacturing firms in the survey, and another sign of growth.
Carol Stone
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