Competing Market Forces
The dominant theme of the first half of April has been the retreat in hopes that a cycle of Fed interest rate cuts might commence as early as June. This shift is being driven by data pointing to stalled U.S. disinflation and stronger-than-assumed economic growth. Monday’s menu of U.S. data includes Stronger-than-expected retail sales that […]
The dominant theme of the first half of April has been the retreat in hopes that a cycle of Fed interest rate cuts might commence as early as June. This shift is being driven by data pointing to stalled U.S. disinflation and stronger-than-assumed economic growth. Monday’s menu of U.S. data includes Stronger-than-expected retail sales that […]
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