-
Strong economic growth and elevated inflation is putting upward pressure on bond yields and that will put downward pressure on the economy at a time when stocks reflect a strong economy. A strong US economy has become the consensus expectation: the Bloomberg US 2024 consensus forecast is that the US economy will grow by 2.4% and that consumer prices will ...
-
While expectations are universal that the FOMC will remain on hold with interest rates at the April 30-May 1 meeting, there is a good possibility that it will elect to make an announcement about a change in balance sheet policy. At his March 20 press conference, Chair Jerome Powell signaled that the FOMC was prepared to adjust the pace of reductions in ...
Sessions