Fed can start cutting interest rates by end of 2024, IMF managing director says
Kristalina Georgieva said the central bank should continue following economic data to determine when it's right to begin lowering. Source
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Economic events
China will remain the world’s No. 1 growth driver, says the Asian Development Bank
China will remain the largest growth engine for the world economy in spite of its slowdown, says the Asian Development
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Fed likely to cut rates before ECB blinks, former BOE member says
The Federal Reserve is likely to cut rates before the European Central Bank does, a former member of the Bank
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Hedge funds are selling stocks at the fastest pace in three months and stepping up short bets
What's often called "the smart money" sold global stocks for a second week, driven almost entirely by short sales, according
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Bull market breaks its stride with the S&P 500’s first 2% dip in a long while
Was that a change in the market's character last week, or is it still the same old bull? Source link
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Wall Street gets key inflation data next week amid concerns the stock market is overbought
March inflation numbers may show investors that inflation is heading toward the Fed's 2% target. If not, base case expectations
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10-year Treasury yield jumps after stronger-than-expected March jobs report
Treasury yields moved slightly higher Friday morning in the wake of closely watched nonfarm payrolls data for March. Source link
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Biden says U.S. economy is world’s best. Trump calls it a ‘cesspool.’ Data is clear.
U.S. GDP significantly outpaced countries like Japan and Canada last year, the International Monetary Fund estimated in January. Source link
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Natural disasters caused an estimated $65 billion in losses last year for Asia-Pacific
The report found that floods remained the most costly threat for the fourth consecutive year, representing over 64% of total
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