“Powell did reiterate that most members of the committee see cuts happening this year, although likely these are pushed to later in the year where the Fed has more time to see inflation data continue to show improvement”

“Powell did reiterate that most members of the committee see cuts happening this year, although likely these are pushed to later in the year where the Fed has more time to see inflation data continue to show improvement”

by | Feb 1, 2024 | Market Notes, Media Notes

Fed Holds Rates Steady, Pushes Back on Cuts: What the Experts Are Saying     Disclosures   This information is for investment adviser use only and should not be distributed to any other parties. The commentary included in this post is for informational...

Fed Reconfirms 2% Inflation Target

by | Feb 1, 2024 | Blog, Bonds

The Fed left the benchmark rate unchanged at 5.25%-5.5%, as was expected. This is the fourth meeting in a row of no action. They did back away from their prior bias to further tightening as inflation has fallen notably over the past year. However, it is still above...

The Market in Pictures, January 26

by | Jan 26, 2024 | Blog, Charts

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and the way they fit the unfolding puzzle of evidence:   Brett: Core Personal Consumption Expenditures (PCE) is said to be the Fed’s favorite indicator, and it’s...