16th April 2024

  • US Retail Sales Top Forecasts as Consumers Keep Fueling Growth

Value of receipts up 0.7% in March, matching highest estimate

Metric used to calculate GDP rose by most in over a year

https://blinks.bloomberg.com/news/stories/SBZHYYT0AFB4

  • Fed’s Daly Says No Urgency to Cut, Policy in a Good Place

San Francisco Fed chief says central bank in ‘ready’ position

‘Worst’ thing Fed could do right now would be to act urgently

https://blinks.bloomberg.com/news/stories/SBZUB0DWRGG0

  • Fed’s Williams Still Expects Rate Cuts to Begin This Year

New York Fed chief says monetary policy is in a good place

If inflation gradually eases, it will be appropriate to cut

https://blinks.bloomberg.com/news/stories/SBZIOBDWX2PS

  • Fed Hiking Rates to 6.5% Is ‘Real Risk’ for UBS Strategists

Sees growing chance of inflation failing to decline to target

Fed hikes would flatten Treasuries, knock 10%-15% off equities

https://blinks.bloomberg.com/news/stories/SBZI4GDWLU68

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