Rates Spike, Sentiment Softens – Real Inflation Already At Target
The relentless upward spike in interest rates continued this past week despite Fedspeak implying that the Fed will continue to be in "pause" mode.
Source: forbes.com
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Fed Expected To Hold Rates Steady At November Meeting
Based on recent comments from officials and movements in debt yields, the Fed is expected to hold interest rates steady at their next meeting on November 1.
Source: forbes.com
Beige Book sees 'slightly weaker' U.S. economy and easing inflation
The economy exhibited "stable" to "slightly weaker" growth in the early fall, a Fed survey found, helping to loosen up a tight labor market and ease inflation.
Source: marketwatch.com
Markets See Measured Fed Rate Cuts In 2024
Both markets and the Fed see interest rates declining by the end of 2024, but the first cut may not come before the summer and the pace could be slow.
Source: forbes.com
Strong Payroll And Hot September CPI, Inflation Continues To Cool
The headline employment number was a shocker to the upside, the detail tells us that a characterization of “strength” is a misleading one.
Source: forbes.com