The consensus outlook is still projecting that the Federal Reserve will trim its target interest rate by the end of the year. But as economic growth endures and energy prices rise, market sentiment is pricing in fewer cuts. Meanwhile, some analysts are now saying the quiet part out loud: there may no rate cuts in 2024.
Daily Archives: April 8, 2024
Macro Briefing: 8 April 2024
* Expectations for rate cuts in 2024 continue to fade
* US and China to hold financial shock exercises, says Treasury Sec. Yellen
* Oil-price rise is main threat to US economy, warns Moody’s economist
* Global pushback rising against China’s heavily subsidized factory sector
* US offers TSMC up to $6.6 billion for Arizona chip factories
* Gold trades at new record high ahead of US inflation report on Wednesday
* US nonfarm payrolls trend growth strengthens in March:
