"The decrease in the number of cuts in 2024 is one of the more telling changes this month. It means (combined with the increase in growth expectations and cut in unemployment rate for that year) that the Fed is increasingly confident that they can pull off a soft landing and that the economy can withstand higher rates for longer," said Andrew Patterson, senior economist at Vanguard.
I keep seeing where some Wall Street strategists say we're heading into a recession. We continue to have a very negative yield curve. That means the bond market expects a recession is not too far off. OTOH, the Fed sees no impending recession. It's a weird situation.
“....as economy outperforms” ????
Thanks President Retard
Hi.
“and the economy continues to perform.”
Huh?
5.56mm
I’ve decided 5% on my no risk money market funds is fine.
Deal with it
All the institutions are now pathological liars. Incapable of being truthful because the truth will destroy their entire Narrative.
We no longer have anyone (or at least there are very few) in the bureaucracy or in political office that understands economics.
And my 401K drops like a rock again
kept its benchmark lending rate unchanged
As of business close today:
New Issue CD Rates (% APY)
5.50 3 mo
5.50 6 mo
5.50 9 mo
5.50 12 mo
5.50 18 mo
5.35 2 yr
5.10 3 yr
4.85 4 yr
4.70 5 yr
It’s a wartime economy. We haven’t just sent $110 billion to the Ukraine. We’ve sent military goods and services made here. That’s a lot of government dollars pumped into the economy. Dems start wars to boost the economy. It’s their modus operandi.
Dont know what to believe. Sure not these cruds.