UBS On-Air: Paul Donovan Daily Audio 'Scrambling, not panicking'
Update: 2024-09-23
Description
There are a few Federal Reserve speakers scheduled, freed from the self-imposed silence that precedes a policy decision. Fed President Bostic, talking specifically on the economic outlook, is likely to attract attention. Markets want to hear that the Fed is scrambling to catch up with falling inflation, not that there is anything wrong with the economy. Fed President Kashkari is speaking on childcare—not immediately market moving, but important. Flexible working has allowed women (who are disproportionately responsible for childcare) to move to better paid jobs.
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