Tag: economic indicators
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The Fed to take a slow approach in cutting rates
The theme for 2024? Rate cuts. Central banks are widely expected to cut interest rates this year. However, how many cuts is the big debate. Oh and now when those cuts will happen. The contrarians out there are celebrating as they have said that the economy needs to take a dip to justify rate cuts.…
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![Stocks down as US inflation comes in hotter than expected 01-11-24]()
Stocks down as US inflation comes in hotter than expected 01-11-24
The TSX edged down this morning to 20889.49. TSX Venture also fell slightly to 549.56 while the CSE Composite bumped slightly to 170.12. Inflation was more than expected in December, giving investors pause as this will impact the likelihood of a soft economic landing in 2024. Battery Metals, Information Technology and Energy were the only…
