US Fed Indicates Three Rate Cuts in 2024
Minneapolis, MN | December 14, 2023 | HedgeTalk Newsletter | By: John Trefethen, Director & Co-Founder
Table of Contents:
Market Moving Headlines
Interest Rates
Currencies
Commodities
Quote of the Week
Market Moving Headlines
US Fed holds rates steady for another session.
Fed indicates three quarter percentage point cuts in 2024.
10-year Treasury yield falls to a 4-month low.
US gasoline futures trade at lowest levels since November 2021.
Argentinian stock market extends record high on newly elected President Milei’s aggressive economic reforms.
Uranium prices in the US surged past $82 per pound for the first time since January 2008.
US producer prices steadied in November from October 2023.
WTI crude futures remain close to low levels not seen since June 2023.
Steel retreats from 3-week high.
US 30-year mortgage rates down for the fourth week.
US mortgage applications rise for the sixth week.
Interest Rates
Currencies
Commodities
Quote of the Week
“It takes as much energy to wish as it does to plan.” – Eleanor Roosevelt
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