Fed Mouthpiece: If Not for Tariff-Driven Price Risks, the Fed Would Be Ready to Cut Rates This Week
"Federal Reserve mouthpiece" Nick Timiraos: There is ample reason to believe that, if it weren't for the risks tariffs pose to prices, the Fed would have been prepared to cut rates this week, as recent inflation has shown some improvement. I believe that the past five years have changed people's views on inflation and what might happen in the future.
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CFTC: As of the week ending October 6, net short positions in euro, pound, and Swiss franc; net long positions in yen
1. The net short position for the Swiss franc is 23,740 contracts. 2. The net short position for the British pound is 97,611 contracts. 3. The net short position for the euro is 99,332 contracts. 4. The net long position for the Japanese yen is 62,325 contracts.
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Net long positions of WTI crude oil speculators decreased by 19,516 contracts to 111,635 contracts.

