1st March 2024
- Bond Market Rallies as Inflation Gauge Supports Rate-Cut Outlook
Yields retreat from highs after PCE deflators match estimates
Traders continue to favor June for first Fed interest-rate cut
https://blinks.bloomberg.com/news/stories/S9MLC8T0G1KW
- Rising Treasury Breakeven Rates Show Stirring Inflation Concern
Five-year expected inflation rate near 2.5%, highest in months
Confusion over rental inflation complicates CPI outlook
https://blinks.bloomberg.com/news/stories/S9MQRLT0AFB4
- Fed’s Preferred Inflation Metric Increases by Most in a Year
Core PCE gauge climbed 0.4% in January and 2.8% from year ago
Spending declined, restrained by weaker outlays for goods
https://blinks.bloomberg.com/news/stories/S9MMRYT0G1KW
- Congress Approves Interim Funds to Avert US Government Shutdown
Speaker job appears safe despite conservative GOP grumbling
Long-term package for some agencies coming over weekend
https://blinks.bloomberg.com/news/stories/S9NCLDT0AFB4
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