In the wake of last week’s hotter-than-expected consumer inflation data for March, the implied forecast via Fed funds futures indicates that interest-rate cuts are unlikely in the months ahead.
Continue readingDaily Archives: April 15, 2024
Macro Briefing: 15 April 2024
* Israel considers how to respond to Iranian missile attack
* Economists lift US growth forecasts in new Wall Street Journal survey
* German Chancellor Scholz in China to focus on tense economic ties
* US 10-year yield approaching 4.6% in early Monday trading
* Tesla laying off more than 10% of workforce after lackluster sales results
* US consumer sentiment “moved sideways for the fourth straight month” in April: