Fed Still Expects To Cut Rates Despite Sticky Inflation

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The Federal Reserve lifted its outlook for core PCE inflation in 2024 but reaffirmed expectations that interest rates will probably fall by the end of the year... Fed Chairman Powell remained cautious on the path ahead for monetary policy, advising: “The risks are really two-sided here: We’re in a situation where if we ease too much or too soon, we could see inflation come back...Despi...

Macro Briefing: 21 March 2024

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* Fed leaves rates unchanged but expects cuts later this year * Fed Chairman Powell doesn’t appear worried about recent sticky inflation data * New CBO estimates still project hefty runup in US debt in years ahead * Eurozone economy close to stabilizing in March via PMI survey data * As mortgage rates decline, US housing supply is starting to rebound * Private equity firm Apollo offers to buy Pa...

Redis license update: What you need to know

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Overview Today, Redis, a leading provider of in-memory data store solutions, announced a transition in its open-source licensing approach... Redis is moving away from the BSD 3-Clause License to a dual-license model, offering developers the choice between the Redis Source Available License version 2 (RSALv2) or the Server-Side Public License version 1 (SSPLv1)... ...

Profiling A ‘Real Assets’ Portfolio During The Recent Inflation Surge

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The sharp runup in US inflation in 2021-2022 revived the idea that a so-called real assets portfolio is crucial for asset allocation strategies... But with the peaking of inflation in mid-2022, the outlook has turned murky for a dedicated focus on assets that are expected to benefit from higher pricing pressure...For perspective, let’s assume that a real assets portfolio is comprised of fo...

Macro Briefing: 20 March 2024

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* Federal Reserve expected to leave rates unchanged at today’s policy meeting * Economists continue ponder why high rates haven’ caused US recession * US dollar strengthens after Bank of Japan ends policy of negative rates * Rate cut for Europe on the table for June, says ECB President Lagarde * UK inflation in February eases to slowest pace in nearly 2-1/2 years * US housing starts rebounded ...

Securing generative AI: Applying relevant security controls

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For example, imagine you’re building a customer service chatbot that uses Amazon Bedrock Agents to invoke your order system’s OrderHistory API... The goal is to get the last 10 orders for a customer and send the order details to an FM to summarize... The OrderHistory service must understand the identities of customer users and limit its responses to the details that the customer user is allow...

Unleash cloud innovation with the power of entry-level talent

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As our world is increasingly shaped by cloud technology, the need for cloud skills has never been more evident... But to harness the full potential of the cloud, companies need the right talent to make it happen... A recent study by Enterprise Strategy Group (ESG) revealed the current state of cloud talent acquisition, the dynamics of hiring practices, and the emerging strategies to bridge the sk...