In January 2023 the clues appeared to be aligning in favor of an end to the Federal Reserve’s rate hikes. It was a false dawn – the Fed lifted its target rate four times in subsequent months, by a total of 100 basis points.
Daily Archives: October 24, 2023
Macro Briefing: 24 October 2023
* World fossil fuel use projected to peak in 2030, IEA forecasts
* Autoworkers strike expands to plant that makes Ram 1500 trucks
* China stock market selling accelerates amid rising anxiety
* Despite upbeat data, Bill Gross still expects US recession by year end
* Rising geopolitical risks are buying opportunity for stocks: Jeremy Siegel
* Why is the US economy resilient? Paul Krugman looks for answers
* US economic activity rebounded in September, posting above-trend growth:
