2024/05/02 / Erste Group Research |
Fed continues to wait for price pressure to ease |
Fed continues to wait for price pressure to ease As was generally expected, the FOMC, the body of the US Federal Reserve that decides on monetary policy, left key interest rates unchanged yesterday. For the markets, the focus was on how the FOMC would react to the latest economic data, which showed a continued solid economy and increased inflationary pressure. Fed Chairman Powell addressed the data situation. The key messages were that the data of recent months had not increased the FOMC's confidence and that it would take longer than originally assumed. |
Download PDF (135kB) |
Author | Erste Group Research |
Date | 2024/05/02 |
Product type | short note/ daily |
Product name | Short Notes Major Markets |
Topic in focus | Macro/ Fixed income |
Language | |
Market cap | - |
Availability | All [1] |
Download |
Date | Headline | Download | |
2024/05/16 | Akciové trhy - denní zpráva | ||
2024/05/16 | Ranní restart: rovnost vs. růst, solární křivka a co si nemůžete dovolit | ||
2024/05/15 | Attack on the Slovak Prime Minister | ||
2024/05/15 | NBR is looking for an optimal timing for cutting rates | ||
2024/05/15 | Credit Markets Weekly |
Any information, material and services regarding financial instruments and securities provided by Česká spořitelna/Erste Group/ or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites“) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions.
By agreeing to this hereto, the visitor entering this Websites confirms that has read, understood and accepted this Information and the Disclaimer