Daily Archives: Mar 13, 2019 at 07:04 am EST

Low Inflation And Softer Economic Growth Will Keep Fed On Pause

The odds are virtually nil that the Federal Reserve will raise interest rates through early 2020, according to Fed funds futures. Driving the market’s forecast: accumulating signs that the economy is slowing and inflation remains subdued. As long as this one-two punch remains is force, which seems likely based on recent data, the central bank’s recent run of policy tightening has likely ended and may even reverse course later in the year.
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Macro Briefing: 13 March 2019

UK rejects Brexit deal, leaving Britain in chaos ahead of EU departure: CNN
Boeing 737 MAX planes still fly in US as plane is grounded elsewhere: Reuters
China offers to assist Venezuela to end power blackout: Reuters
US small business optimism rose in Feb for first time in nearly 6mos: Axios
Consumer inflation ticks up in Feb–first increase in 4 months: CNBC
VIX Index, a measure of US stock mkt volatility, fell on Tues, near 5-month low: