Macro Briefing: 26 April 2024
TutoSartup excerpt from this article:
* High commodity prices are another factor that could delay rate cuts: World Bank * Pending US home sales rose much more than forecast in March * Jobless claims in US fall to lowest level in 9 weeks * US inflation picked up in the first quarter * US GDP growth slows more than forecast in the first q…
Macro Briefing: 26 April 2024
Author: James Picerno
* High commodity prices are another factor that could delay rate cuts: World Bank * Pending US home sales rose much more than forecast in March * Jobless claims in US fall to lowest level in 9 weeks * US inflation picked up in the first quarter * US GDP growth slows more than forecast in the first q…
* High commodity prices are another factor that could delay rate cuts: World Bank
* Pending US home sales rose much more than forecast in March
* Jobless claims in US fall to lowest level in 9 weeks
* US inflation picked up in the first quarter
* US GDP growth slows more than forecast in the first quarter:
The US 10-year Treasury yield rose to 4.71% on Thursday (Apr. 25), the highest since Nov. 1. The rise coincided with yesterday’s news that US economic growth was slower than expected while inflation remained firm, hinting at a higher risk of stagflation.
Author: James Picerno