21st March 2024

  • Fed Signals Three Cuts Still Likely, Despite Inflation Uptick

Powell says Fed likely to slow asset runoff ‘fairly soon’

Officials lift forecasts for growth, core inflation in 2024

https://blinks.bloomberg.com/news/stories/SANU7ZT0G1KW

  • Powell Says It’ll Soon Be Appropriate to Slow Pace of QT (2)

Tapering meant to reduce chance of stress in funding markets

Fed still allowing up to $95 billion of bonds roll off monthly

https://blinks.bloomberg.com/news/stories/SANUQ6DWRGG0

  • Congress Unveils $1.2 Trillion Plan to Fund Agencies to Sept. 30

Defense funding rises more than 3%, domestic spending flat

Risk remains of brief partial government shutdown over weekend

https://blinks.bloomberg.com/news/stories/SACK8ZT0AFB4

  • Traders Get ‘Goldilocks’ Outlook From Fed and Drive Up Markets

Fed forecasts show policymakers still see three cuts in 2024

Powell undeterred by inflation readings that rattled markets

https://blinks.bloomberg.com/news/stories/SAOBY7T0G1KW

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