This was supposed to be the year that US inflation rode the last mile down to 2%, letting the Federal Reserve steadily reduce interest rates from a two-decade high. Now those expectations have been dashed.
— Read on www.bloomberg.com/news/articles/2024-04-17/inflation-s-stubborn-start-to-2024-blamed-partly-on-powell-pivot
Fed’s Loretta Mester Expects Inflation to Fall Further – Bloomberg
Federal Reserve Bank of Cleveland President Loretta Mester said monetary policy is in a good place, adding that the central bank shouldn’t be in a hurry to cut interest rates.
— Read on www.bloomberg.com/news/articles/2024-04-17/mester-says-fed-can-hold-rates-steady-not-in-a-hurry-to-cut
Wall Street pushes out rate-cut expectations, sees risk of no action until 2025
Experts now see the Fed waiting until at least September and are increasingly entertaining the possibility of no cuts at all this year.
— Read on www.cnbc.com/2024/04/17/wall-street-pushes-out-rate-cut-expectations-sees-risk-of-no-action-until-2025.html
Bank of England to cut rates in May, Morgan Stanley says
Morgan Stanley says that the Bank of England will cut interest rates as soon as May, in a notable sign of optimism amid waning market sentiment.
— Read on www.cnbc.com/2024/04/18/bank-of-england-to-cut-rates-in-may-morgan-stanley-says.html
Visualizing the Growth of $100, by Asset Class (1970-2023)
In this graphic, we show asset class returns across U.S. equities, bonds, real estate, gold and cash since 1970.
— Read on www.visualcapitalist.com/growth-of-100-by-asset-class-1970-2023/
The World’s Biggest Nuclear Energy Producers
China has grown its nuclear capacity over the last decade, now ranking second on the list of top nuclear energy producers.
— Read on www.visualcapitalist.com/the-worlds-biggest-nuclear-energy-producers/
Interest rates could hit 8% or more and wars are creating outsize geopolitical risks, Jamie Dimon warns | Morningstar
Interest rates could hit 8% or more and wars are creating outsize geopolitical risks, Jamie Dimon warns | Morningstar
— Read on www.morningstar.com/news/marketwatch/2024040947/interest-rates-could-hit-8-or-more-and-wars-are-creating-outsize-geopolitical-risks-jamie-dimon-warns
Reserves of Depository Institutions: Total (TOTRESNS) | FRED | St. Louis Fed
Graph and download economic data for Reserves of Depository Institutions: Total (TOTRESNS) from Jan 1959 to Feb 2024 about adjusted, reserves, and USA.
— Read on fred.stlouisfed.org/series/TOTRESNS
Fed Balance Sheet Normalization and the Minimum Level of Ample Reserves | Richmond Fed
Just by allowing the securities in its portfolio to mature, the Fed could reach a normalized size of its balance sheet in two to three years.
— Read on www.richmondfed.org/publications/research/economic_brief/2023/eb_23-07
Liquidity Regulations and Banks’ Demand for Reserves | St. Louis Fed
How are U.S. banks’ reserve holdings correlated with factors associated with liquidity regulations?
— Read on www.stlouisfed.org/on-the-economy/2019/march/banks-demand-reserves-face-liquidity-regulations