Investors continue to price in high odds that the Federal Reserve interest-rate hikes are history after last month’s ¼-point increase. But the latest comments by several central bank officials tell a different story. Adding to the uncertainty: mixed expectations for Thursday’s release (Aug. 10) of July data on US consumer inflation.
Daily Archives: August 8, 2023
Macro Briefing: 8 August 2023
* China exports drop the most in over 3 years in July
* NY Fed president expects interest rates will remain restrictive for some time
* World reaches crucial global warming threshold in July for temperature
* Climate change may threaten credit ratings for countries, study finds
* Moody’s cut credit ratings for several small to mid-sized US banks
* New lending by mortgage REITs falls sharply
* US small business confidence edges up to eight-month high in July:
