Deeper Analysis
January 2024 in Figures
February 1, 2024
10-year sovereign debt yields in Europe and Japan posted larger net increases than did the comparable U.S. Treasury yield last month. None of the major central banks in the table below changed their interest rate benchmark during the month. Among other central banks, cuts were made of 100 basis points in Chile, 50 bps in […] More
New Overnight Developments Abroad - Daily Update
The Morning After… Kicking Off a New Month
February 1, 2024
U.S. share prices reacted poorly to Fed Chairman Powell’s press conference, ending January’s stellar month on a downbeat. Pre-market futures trading today suggest yesterday’s loss will be partly trimmed. Powell didn’t explicitly rule out a rate cut in March but indicated that a reduction then is not in the baseline forecast. More generally, he applauded […] More
