13th April 2023

  • Fed Leans Toward Another Hike, Defying Staff’s Recession Outlook

Some officials emphasized need for flexibility, optionality

Fed staff forecast a ‘mild recession’ later this year

https://blinks.bloomberg.com/news/stories/RT0NXGDWLU68

  • Traders Boost Bets on US Rate Cuts This Year After CPI

Policy-sensitive two-year yields fall as peak rates in view

Some economists still wary that soft landing may prevent cuts

https://blinks.bloomberg.com/news/stories/RT0Y3HDWX2PU

  • US Core Inflation Slows Only a Bit, Keeping Fed on Track to Hike

Excluding food and energy, consumer prices rose 0.4% in March

Traders still largely expect Fed to raise rates again in May

https://blinks.bloomberg.com/news/stories/RT0C0MDWX2PS

  • Fed’s Barkin Says There Is More Work to Do to Rein in Inflation

Richmond Fed president speaks about outlook in CNBC interview

Barkin spoke after report shows moderating inflation

https://blinks.bloomberg.com/news/stories/RT087XDWRGG0

CLICK HERE TO READ THE FULL ARTICLE

For more information please contact Rubrics Asset Management. info@rubricsam.com.