11th April 2024

  • US Inflation Refuses to Bend, Fanning Fears It Will Stick (1)

Consumer prices rose in March amid stronger services inflation

Report reorders bets on Fed easing, dashing hopes for June cut

https://blinks.bloomberg.com/news/stories/SBQM1OT0AFB4

  • Traders See Fed Waiting Until After Summer to Cut as Yields Soar

Swaps pricing of rate cut moves to November from September

Hot inflation data lofts 10-year yield to 2024 high 4.5%

https://blinks.bloomberg.com/news/stories/SBQUG0T1UM0W

  • Biden Predicts Fed Will Cut Rates Despite High Inflation (1)

President predicts rate cut will happen by year’s end

Wednesday data delivered fresh blow to Biden’s reelection bid

https://blinks.bloomberg.com/news/stories/SBQMSVT0AFB4

  • One Cut, Then Five, Then Two: Goldman’s Calls Roiled by CPI (2)

Echoes Wall Street’s broader difficulty predicting Fed’s path

Goldman economists change call after third hot CPI report

https://blinks.bloomberg.com/news/stories/SBQQBKT1UM0W

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