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Blistering March inflation report shocks market, rate cut expectations drop drastically. Probability of 2024 rate cuts falls from 4 to 1.
The U.S. inflation rose more than expected in February 2024, casting doubt on the likelihood of an interest rate cut by the end of the first half ...
Stocks rallied, with the SPDR S&P 500 ETF Trust (ARCA: SPY) and the tech-heavy Invesco QQQ Trust, up 0.9% and 1% at last check Tuesday.
“For the system to really collapse you actually need first the dollar to get stronger and effectively to suck everything into a black hole until it can…
PCE inflation held at 2.6% in Dec, below forecast. Core inflation at 2.9%, suggests potential rate cuts.