by Simona Mocuta | Apr 16, 2024 | Economic Perspectives
The hotter than expected February CPI data had faded the odds of a May rate cut. The hotter than expected March CPI data has greatly faded not only the odds of a June cut (with market odds now just 30%) but even threatened the likelihood of a July cut (market odds...
by Simona Mocuta | Apr 8, 2024 | Economic Perspectives
The US economy continues to generate jobs at a seemingly relentless pace as payrolls grew by a much better than expected 303k in March. The upside surprise was notable, yet in line with the labor market’s repeated outperformance of expectations in recent months. What...
by Simona Mocuta | Apr 4, 2024 | Economic Perspectives
Inflation and geopolitical fears continue to dominate market action. In the midst of a veritable “tsunami of hawkishness”, our latest opinion piece is a reminder that US inflation and labor market dynamics are in a very different place than they were a year ago. Don’t...
