Beige Book and Williams eyed as US equities fall further ...Middle East

The S&P 500 has extended its decline to 45 points, or 0.95%, and 4721. That's a session low and comes with US 2-year yields up 14 bps on the day, erasing the decline from last Thurs/Fri.Even with two days of declines, the losses in the S&P 500 have barely dented the rally that started in late October.The market is trying to calibrate how much the Federal Reserve will be cutting this year. Current pricing is for 138 basis points this year, that's down from 161 bps last week. The March meeting is now at 54%, down from 80%.The number sound about right with falling inflation in the pipeline but most signs still pointing to a solid US economy. Today's Atlanta Fed GDPNow estimate for Q4 was bumped

Hence then, the article about beige book and williams eyed as us equities fall further was published today ( Wednesday 17/01/2024 - 09:48 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Beige Book and Williams eyed as US equities fall further )

Also on site :

• Paris Fashion Week Men’s Cheat Sheet: Spring/Summer 2027
• Disney+ & A24 UK Teaming For First Time On Clem Garritty Comedy-Drama About Siblings Whose Father Is Accused Of Murder
• Insilico Medicine And SK Biopharmaceuticals Achieved AI-powered Drug Discovery Collaboration Worth Up to 2.5 Billion for Neuroimmune Disorders