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Federal Home Loan Bank System Provides Billions to Banks
Bloomberg Businessweek
The Fed's Data Dependence on Inflation
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The only real potential disruption between now and next week's meeting is, again, some unexpectedly upside. If we got a stronger surprise on the inflation numbers on the downside, that could be very positive. However, for the second half of the year, we're seeing an expected rebound to end up around 220 on the S&P earnings for the year. And so that, if that happens really, I think, would reiterate for the market that companies really have been able to be more resilient than initially expected at the beginning of the year.
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