Markets are becoming increasingly confident that the Federal Reserve will start cutting interest rates in 2024. The first cut is expected at the March 20 monetary policy meeting.
Daily Archives: December 20, 2023
Macro Briefing: 20 December 2023
* Red Sea chaos will cause shipping delays, drive up goods prices
* Democrats urge Biden to follow Europe’s lead and require stricter tech regs
* Canada to require all new autos to be zero-emission by 2035
* 44% Of US office loans underwater, which suggests high bank-failure risk
* US housing starts rise sharply, beating expectations by wide margin in Nov:
