April 16, 2024
The Pace of Disinflation is Stalled, Pushing Back the First Rate Cut Expectation Beyond June
The two weeks since our last Economic Review have been busy ones for economic news, and that news has not been good for those hoping for Federal Reserve action to reduce interest rates in the near term.
March 26, 2024
FOMC meeting: Reiterating Data Dependency & Reinforcing a Higher-For-Longer Rate Reality
Read our insight on the data from last week’s FOMC meeting where the Fed opted to keep interest rates unchanged, but confirmed cuts this year.
February 27, 2024
Strong Retail & Wholesale Inflation Data: Don’t Hold Your Breath on Rate Cuts Any Time Soon!
Once again, we had conflicting economic data during the week of February 12th – consumer and wholesale prices jumped in January, while in the same month retail sales dropped more than expected. What does all this mean? Read more!
February 12, 2024
Equity Market and Interest Yields Rising, as Rate Cut Expectations Fade Away
The resilient economic growth and cooling inflation are expected to continue, subject to potential downside risks such as supply chain disruption and inflation resurgence due to geopolitical issues.
February 5, 2024
Blockbuster New Jobs and Unlikely March Rate Cut – Is the Last Mile the Longest?
The equity markets continued to climb higher for most of the last week. The rally has been supported by three pillars – a strong economy, declining inflation, and rate cut expectations.
January 29, 2024
What’s Going On with the Equity Markets?
The equity markets continued to climb higher for most of the last week. The rally has been supported by three pillars – a strong economy, declining inflation, and rate cut expectations.
January 22, 2024
Have the Markets Overpriced the Pace and Number of Interest-Rate Cuts?
Fast rate cut optimism appears to be slowly fading away. The probability of a March rate cut is down to almost 50% chance from the 90% chance seen in the first and second week of January.
