Most of the major asset classes rallied in February, based on a set of ETFs. The downside exceptions: US stocks and a broad measure of commodities. Otherwise, global markets posted were broadly higher last month.
Daily Archives: March 3, 2025
Macro Briefing: 03 March 2025
Inflation slowed in January, according to Personal Consumption Expenditures, the Federal Reserve’s preferred measure of inflation. Prices rose 2.5% for the year through January, down slightly from 2.6% in December, marking the first decrease in four months. Prices “rose at a mild pace in January, which offers some relief after a string of economic reports suggesting that inflation is heating up again,” writes Key Wealth managing director of fixed income investments Rajeev Sharma.
