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US stocks enjoyed a broad rally in Q1 and the positive market sentiment looks likely to spill over into Q2. The prospect of rate cuts and the growing AI drive supports US stocks
<p><span>Effective today, and following the </span><a href="https://www.refinitiv.com/en/media-center/press-releases/2023/refinitiv-plans-to-supplement-existing-fallback-rates-with-new-federal-reserve-benchmark">January 30 announcement</a><span>, Refinitiv has commenced publication of new USD IBOR Cash Fallbacks that are consistent with the Federal Reserve Board and ARRC benchmark replacements for FHFA-regulated-entity contracts (except Federal Home Loan Bank advances) and Federal Fami</span></p>
'Significant milestone' as big tech giant makes stunning approach
<p><span>Today Refinitiv commences publication of forward-looking term rate versions of its ARRC recommended fallback rates - USD IBOR Cash Fallbacks. This follows the Alternative Reference Rates Committee’s (ARRC) March 2021 </span><a title="ARRC press release" href="https://www.newyorkfed.org/medialibrary/Microsites/arrc/files/2021/20210317-press-release-Spread-Adjustment-Vendor-Refinitiv.pdf">announcement</a><span> that it had selected Refinitiv to publish its recommended fallback rates for cash products, an...
Earnings expectations have remained resilient across U.S., Europe, and Canada as we enter the second half of the year with most global benchmarks down 15-20%.