12th January 2024

  • US Inflation Picks Up as Goods Prices Halt Months-Long Decline

Consumer price index advanced 3.4%, most in three months

Underlying inflation measures watched by Fed remained firm

https://blinks.bloomberg.com/news/stories/S73P6HDWRGG1

  • Bond Market Adds to Fed Rate-Cut Bets Despite Inflation Uptick

Expectations mount for monetary easing beginning in May

Consumer prices rose more than anticipated in December

https://blinks.bloomberg.com/news/stories/S743G3DWX2PS

  • Fed’s Mester Says March Is Probably Too Early for a Rate Cut

Says latest CPI inflation data shows Fed has more work to do

Fed’s Barkin and Goolsbee say too soon to know about March

https://blinks.bloomberg.com/news/stories/S74619DWLU68

  • Use of Fed Funding Tool Hits Fresh Peak as Officials Signal End

Use rose to all-time high $147 billion in week through Jan. 10

Top Fed policymakers have suggested BTFP will shutter in March

https://blinks.bloomberg.com/news/stories/S7493PT0G1KW

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