The Federal Reserve’s recent run of raising interest rates is expected to hit a wall in 2019, according to Fed funds futures. After four rate hikes in 2018 and nine since the current cycle of tightening began in 2015, the crowd is currently anticipating that policy will remain on hold for the rest of the year, according to CME data.
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Daily Archives: January 9, 2019
Macro Briefing: 9 January 2019
Trump demands border wall in TV speech: Reuters
House Democrats set to test GOP with bill to re-open gov’t: Reuters
World Bank predicts global growth will slow in 2019 to 2.9%: Reuters
Signs of progress in US-China trade negotiations: WSJ
Eurozone unemployment rate dips to 7.9% in Dec, lowest since 2008: Eurostat
Partial gov’t shutdown is taking a toll on housing, say Realtors: Bloomberg
Consumer credit growth stayed strong in November: MW
US Small Business Optimism Index fell in Dec to lowest since 2016: WSJ
Eurozone economic sentiment fell to 2-year low in Dec: RTT
Weak industrial output in Germany stoke recession worries: CNBC
US job openings fell in November, but remain elevated: Reuters