U.S. PMI data shows continued economic expansion and the February leading indicators moved higher for the first time in 2 years. The most critical announcements were from the Federal Open
Weekly Review & Outlook: March 18, 2024
February inflation data remained elevated well above the Federal Reserve’s long run policy target pushing out expectations for the timing for monetary easing. The possibility of a rate change at
Weekly Review & Outlook: March 11, 2024
The February payroll report topped expectations but prior months were revised substantially lower. Powell’s congressional testimony left the anticipated 2024 monetary path unchanged ahead of this week’s inflation data and
Weekly Review & Outlook: March 4, 2024
Inflation data was confirmed as running hot in January while February economic data provided mixed readings. Broader equity markets made new all time highs and bank stocks spun their wheels.