22nd March 2024

  • Global Inflation Scare Fades as SNB Leads Advance Party for Fed

Swiss cut rates after US easing signals, and BOE vote shifted

‘We have turned a corner,’ says Blackrock’s Hildebrand

https://blinks.bloomberg.com/news/stories/SAOYE5DWX2PS

  • US Manufacturing Activity Expands by Most Since June 2022

S&P Global’s flash March gauge advanced to 52.5 from 52.2

Composite measure of prices received hits 11-month high

https://blinks.bloomberg.com/news/stories/SAPBW6DWRGG0

  • Summers Criticizes Fed for Having ‘Itchy Fingers’ on Rate Cuts

Former Treasury chief questions ‘hurry’ to shift Fed stance

Summers emphasizes neutral rate is higher than Fed thinks

https://blinks.bloomberg.com/news/stories/SAPG06DWX2PS

  • Biden Set to Award Billions to Decarbonize US Heavy Industries

The grants could be announced Monday, people familiar say

Funding to be given to sectors including steel, cement, glass

https://blinks.bloomberg.com/news/stories/SAPITKDWX2PS

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