Fed Keeps Rates Unchanged – Likely Not Ready for March Cut
Minneapolis, MN | February 1, 2024 | HedgeTalk Newsletter | By: John Trefethen, Director & Co-Founder
Table of Contents:
Market Moving Headlines
Economic Calendar - Week of February 5th, 2024
Interest Rates
Currencies
Commodities
Quote of the Week
Market Moving Headlines
The Federal Reserve kept the fed funds rate unchanged at a 23-year high.
Fed Chair Powell says he doesn’t think a March rate cut is likely.
Heating oil futures approach a 12-week high.
Canadien dollar at a 3-week high.
US employment costs rise the least in 2-1/2 years.
US private employment rises less than expected.
German inflation rate drops to a 2-1/2 year low.
Chile retail sales fall for the 20th month.
Brazil jobless rate nears a 9-year low.
US mortgage applications slump 7.2% in the latest week.
Economic Calendar - Week of February 5th, 2024
Interest Rates
Currencies
Commodities
Quote of the Week
“A good plan violently executed now is better than a perfect plan executed next week.” – General George S. Patton
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Author: John Trefethen, Director and Co-Founder
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