Markets have rallied this year on bets that the Fed would start trimming rates in May but some Federal Reserve governors warned in the last couple of weeks that the interest rate cuts expected by the market in the first half of the year may have been premature.<\/p>\n\n\n\n
Some economic analysts said that the central bank became too focused on inputs after misreading inflation in 2021 and they warned that the Fed risk a recession if it cut rates later than June. So far into 2024, the Fed funds rate has remained paused at a range of 5.25%-5.50% and many central bank officials want to see a clear disinflationary trend in the data before cutting rates.<\/p>\n\n\n\n
Simultaneously, the increase in geopolitical uncertainties presents an extra hurdle and amplifies the possibility of unexpected risks in both markets and economic outcomes. Given these factors, the outlook is expected to remain cautious as long as interest rates remain significantly restrictive and the looming presence of geopolitical risks persists.<\/p>\n","post_title":"US Stocks Extended Losses On Tuesday After ISM Services PMI Came In Slightly Below The Market Expectation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-stocks-extended-losses-on-tuesday-after-ism-services-pmi-came-in-slightly-below-the-market-expectation","to_ping":"","pinged":"","post_modified":"2024-03-08 21:43:10","post_modified_gmt":"2024-03-08 10:43:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Federal Reserve<\/a> Chair Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday, where he will share his evaluation of the economy and potentially offer new insights into the timing of potential rate cuts.<\/p>\n\n\n\n Markets have rallied this year on bets that the Fed would start trimming rates in May but some Federal Reserve governors warned in the last couple of weeks that the interest rate cuts expected by the market in the first half of the year may have been premature.<\/p>\n\n\n\n Some economic analysts said that the central bank became too focused on inputs after misreading inflation in 2021 and they warned that the Fed risk a recession if it cut rates later than June. So far into 2024, the Fed funds rate has remained paused at a range of 5.25%-5.50% and many central bank officials want to see a clear disinflationary trend in the data before cutting rates.<\/p>\n\n\n\n Simultaneously, the increase in geopolitical uncertainties presents an extra hurdle and amplifies the possibility of unexpected risks in both markets and economic outcomes. Given these factors, the outlook is expected to remain cautious as long as interest rates remain significantly restrictive and the looming presence of geopolitical risks persists.<\/p>\n","post_title":"US Stocks Extended Losses On Tuesday After ISM Services PMI Came In Slightly Below The Market Expectation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-stocks-extended-losses-on-tuesday-after-ism-services-pmi-came-in-slightly-below-the-market-expectation","to_ping":"","pinged":"","post_modified":"2024-03-08 21:43:10","post_modified_gmt":"2024-03-08 10:43:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Federal Reserve<\/a> Chair Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday, where he will share his evaluation of the economy and potentially offer new insights into the timing of potential rate cuts.<\/p>\n\n\n\n Markets have rallied this year on bets that the Fed would start trimming rates in May but some Federal Reserve governors warned in the last couple of weeks that the interest rate cuts expected by the market in the first half of the year may have been premature.<\/p>\n\n\n\n Some economic analysts said that the central bank became too focused on inputs after misreading inflation in 2021 and they warned that the Fed risk a recession if it cut rates later than June. So far into 2024, the Fed funds rate has remained paused at a range of 5.25%-5.50% and many central bank officials want to see a clear disinflationary trend in the data before cutting rates.<\/p>\n\n\n\n Simultaneously, the increase in geopolitical uncertainties presents an extra hurdle and amplifies the possibility of unexpected risks in both markets and economic outcomes. Given these factors, the outlook is expected to remain cautious as long as interest rates remain significantly restrictive and the looming presence of geopolitical risks persists.<\/p>\n","post_title":"US Stocks Extended Losses On Tuesday After ISM Services PMI Came In Slightly Below The Market Expectation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-stocks-extended-losses-on-tuesday-after-ism-services-pmi-came-in-slightly-below-the-market-expectation","to_ping":"","pinged":"","post_modified":"2024-03-08 21:43:10","post_modified_gmt":"2024-03-08 10:43:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>GBTC Price Prediction after Judges Raised Hope for Investors In Favour Of Grayscale<\/a><\/p>\n\n\n\n Federal Reserve<\/a> Chair Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday, where he will share his evaluation of the economy and potentially offer new insights into the timing of potential rate cuts.<\/p>\n\n\n\n Markets have rallied this year on bets that the Fed would start trimming rates in May but some Federal Reserve governors warned in the last couple of weeks that the interest rate cuts expected by the market in the first half of the year may have been premature.<\/p>\n\n\n\n Some economic analysts said that the central bank became too focused on inputs after misreading inflation in 2021 and they warned that the Fed risk a recession if it cut rates later than June. So far into 2024, the Fed funds rate has remained paused at a range of 5.25%-5.50% and many central bank officials want to see a clear disinflationary trend in the data before cutting rates.<\/p>\n\n\n\n Simultaneously, the increase in geopolitical uncertainties presents an extra hurdle and amplifies the possibility of unexpected risks in both markets and economic outcomes. Given these factors, the outlook is expected to remain cautious as long as interest rates remain significantly restrictive and the looming presence of geopolitical risks persists.<\/p>\n","post_title":"US Stocks Extended Losses On Tuesday After ISM Services PMI Came In Slightly Below The Market Expectation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-stocks-extended-losses-on-tuesday-after-ism-services-pmi-came-in-slightly-below-the-market-expectation","to_ping":"","pinged":"","post_modified":"2024-03-08 21:43:10","post_modified_gmt":"2024-03-08 10:43:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\"The majority of respondents are mostly positive about business conditions. Respondents remain concerned about inflation, employment, and ongoing geopolitical conflicts.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>GBTC Price Prediction after Judges Raised Hope for Investors In Favour Of Grayscale<\/a><\/p>\n\n\n\n Federal Reserve<\/a> Chair Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday, where he will share his evaluation of the economy and potentially offer new insights into the timing of potential rate cuts.<\/p>\n\n\n\n Markets have rallied this year on bets that the Fed would start trimming rates in May but some Federal Reserve governors warned in the last couple of weeks that the interest rate cuts expected by the market in the first half of the year may have been premature.<\/p>\n\n\n\n Some economic analysts said that the central bank became too focused on inputs after misreading inflation in 2021 and they warned that the Fed risk a recession if it cut rates later than June. So far into 2024, the Fed funds rate has remained paused at a range of 5.25%-5.50% and many central bank officials want to see a clear disinflationary trend in the data before cutting rates.<\/p>\n\n\n\n Simultaneously, the increase in geopolitical uncertainties presents an extra hurdle and amplifies the possibility of unexpected risks in both markets and economic outcomes. Given these factors, the outlook is expected to remain cautious as long as interest rates remain significantly restrictive and the looming presence of geopolitical risks persists.<\/p>\n","post_title":"US Stocks Extended Losses On Tuesday After ISM Services PMI Came In Slightly Below The Market Expectation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-stocks-extended-losses-on-tuesday-after-ism-services-pmi-came-in-slightly-below-the-market-expectation","to_ping":"","pinged":"","post_modified":"2024-03-08 21:43:10","post_modified_gmt":"2024-03-08 10:43:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Anthony Nieves, Chair of the Institute for Supply Management Services Business Survey Committee, said that the slight decrease in the rate of growth in February is a result of faster supplier deliveries and the contraction in the employment rate. Anthony Nieves added:<\/p>\n\n\n\n \"The majority of respondents are mostly positive about business conditions. Respondents remain concerned about inflation, employment, and ongoing geopolitical conflicts.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>GBTC Price Prediction after Judges Raised Hope for Investors In Favour Of Grayscale<\/a><\/p>\n\n\n\n Federal Reserve<\/a> Chair Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday, where he will share his evaluation of the economy and potentially offer new insights into the timing of potential rate cuts.<\/p>\n\n\n\n Markets have rallied this year on bets that the Fed would start trimming rates in May but some Federal Reserve governors warned in the last couple of weeks that the interest rate cuts expected by the market in the first half of the year may have been premature.<\/p>\n\n\n\n Some economic analysts said that the central bank became too focused on inputs after misreading inflation in 2021 and they warned that the Fed risk a recession if it cut rates later than June. So far into 2024, the Fed funds rate has remained paused at a range of 5.25%-5.50% and many central bank officials want to see a clear disinflationary trend in the data before cutting rates.<\/p>\n\n\n\n Simultaneously, the increase in geopolitical uncertainties presents an extra hurdle and amplifies the possibility of unexpected risks in both markets and economic outcomes. Given these factors, the outlook is expected to remain cautious as long as interest rates remain significantly restrictive and the looming presence of geopolitical risks persists.<\/p>\n","post_title":"US Stocks Extended Losses On Tuesday After ISM Services PMI Came In Slightly Below The Market Expectation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-stocks-extended-losses-on-tuesday-after-ism-services-pmi-came-in-slightly-below-the-market-expectation","to_ping":"","pinged":"","post_modified":"2024-03-08 21:43:10","post_modified_gmt":"2024-03-08 10:43:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The past relationship between the Services PMI and the overall economy indicates that the Services PMI for February (52.6 percent) corresponds to a 1.2-percent increase in real gross domestic product (GDP) on an annualized basis<\/em><\/p>\n\n\n\n Anthony Nieves, Chair of the Institute for Supply Management Services Business Survey Committee, said that the slight decrease in the rate of growth in February is a result of faster supplier deliveries and the contraction in the employment rate. Anthony Nieves added:<\/p>\n\n\n\n \"The majority of respondents are mostly positive about business conditions. Respondents remain concerned about inflation, employment, and ongoing geopolitical conflicts.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>GBTC Price Prediction after Judges Raised Hope for Investors In Favour Of Grayscale<\/a><\/p>\n\n\n\nFederal Reserve And Economy Evaluation<\/h2>\n\n\n\n
Federal Reserve And Economy Evaluation<\/h2>\n\n\n\n
Federal Reserve And Economy Evaluation<\/h2>\n\n\n\n
Federal Reserve And Economy Evaluation<\/h2>\n\n\n\n
Federal Reserve And Economy Evaluation<\/h2>\n\n\n\n