- From think.ing.com|10 hr ago|2 comments
It has been a topsy-turvy 24 hours for financial markets. Treasury yields plunged in the wake of the soft CPI report, but retraced a little as markets digested the more hawkish-than-anticipated Fed dot plot of projections for the Fed funds target rate. We are now back firmly in a lower yields situation following more soft US numbers this morning. For ...
- From bnnbloomberg.ca|7 hr ago
The Federal Reserve’s favored inflation gauge is set for the smallest advance since November following two better-than-expected reports on prices out this week. Bureau of Labor Statistics data on producer prices Thursday showed declines in key categories that feed into the central bank’s preferred metric — known as the personal consumption expenditures ...
- From pimco.com|1 hr 34 min ago
- From scotiabank.com|2 hr 19 min ago
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