Summary United States: Riding the Wave The Consumer Price Index ended the year at 2.9% year-over-year, which is a minor improvement from its 3.1% rate in January 2024 and points to stalled progress on the road back to the Federal Reserve’s 2% inflation target. We now look for only two 25 bps rate cuts in […]
Summary United States: The Great Divergence Incoming economic data continue to shed light on how tighter monetary policy is placing unequal pressure across economic sectors. Interest rate sensitive segments like manufacturing and commercial construction remain under disproportionate strain, while the labor market appears to be only slowly moderating. Next week: NFIB Small Business Optimism (Tue.), […]
The post Weekly Economic & Financial Commentary: Wait a Minute appeared first on Action Forex.
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