John Hancock: Weekly Market Recap Week Ended May 3
Fed holds steady As expected, the U.S. Federal Reserve kept its benchmark interest rate at the highest level in more than two decades as it again held off on any rate cuts. Fed officials acknowledged that they have recently seen “a lack of further progress” in bringing inflation closer to the Fed’s […]
LPL: The Patient Pause
The Patient Pause Dr. Jeffrey Roach | Chief Economist Last Updated: April 24, 2024 It seems like we just can’t stop talking about the Federal Reserve (Fed). After an aggressive rate hiking campaign that we think ended last year, markets were expecting the Fed to start cutting interest rates as early as next month. But […]
Visual Capitalist: Economic Growth Forecasts for G7 and BRICS Countries In 2024
G7 & BRICS Real GDP Growth Forecasts for 2024 The International Monetary Fund’s (IMF) has released its real gross domestic product (GDP) growth forecasts for 2024, and while global growth is projected to stay steady at 3.2%, various major nations are seeing declining forecasts. This chart visualizes the 2024 real GDP growth forecasts […]