The Federal Reserve remains data dependent, as the central bank’s chairman Jerome Powell likes to say, and perhaps that’s especially true now as policy makers weigh the prospects for when (or if) to start cutting interest rates this year.
Daily Archives: February 26, 2024
Macro Briefing: 26 February 2024
* Fed’s favorite inflation gauge expected to rise most in a year
* Business economists expect rate cuts starting in June: NABE survey
* Is rising US stock market a factor that will delay interest rate cuts?
* Key chip maker TSMC opens first plant in Japan
* Buffett’s Berkshire Hathaway reports strong rise in operating earnings, but…
* Berkshire’s size implies stock will only slightly outperform in years ahead: Buffett