Everyone will be scouring for apocalyptic suggestions (need.moar.NEW Kew - EEE) in the following...
- FED SAYS `HIRING WAS STEADY OR SHOWED A MODEST INCREASE'
- FED SAYS ECONOMY EXPANDED AT `MODERATE PACE' LAST MONTH
- FED SAYS `AUTOMOBILE SALES GENERALLY REMAINED STRONG'
- FED: `CONTACTS WERE SLIGHTLY MORE GUARDED IN THEIR OPTIMISM'
- FED SAYS `INFLATION REMAINED MODEST ACROSS DISTRICTS'
- FED SAYS MANUFACTURING EXPANDED, CONSUMER SPENDING WAS STEADY
- FED ECONOMIC SURVEY COVERS PERIOD FROM LATE APRIL UNTIL MAY 25
- FED SAYS DEMAND WAS STRONGEST IN AUTO AND STEEL MANUFACTURING
...And won't find them. So: just what basis will the Fed have to do more QE again? Paging Jon Hilsenrath: Jon? Jon?
Looks a little brighter than most expected...
quite a few 'anti'-QE words - Strong, Sustained, Increased, Improved
not many end of world words...
Source: Fed-MMM JV