Analysts are debating if last week’s sticky inflation news is the death knell for a June cut in interest rates by the Federal Reserve. This much is clear: the recent run of news isn’t encouraging for anticipating that a dovish turn for monetary policy is imminent.
Daily Archives: March 19, 2024
Macro Briefing: 19 March 2024
* Japan’s central bank lifts interest rates for first time since 2007
* Federal court temporarily halts SEC’s new climate-disclosure rules
* Nvidia announces new generation of artificial intelligence chips
* Google and Apple reportedly discussing use of Gemini’s generative AI in iPhones
* US homebuilder sentiment rises to 8-month high in March: