Will America Issue a Central Bank Digital Currency?
Reactions to CBDC range from indifference to alarm
Reactions to CBDC range from indifference to alarm
Despite the Fed’s recent cut in interest rates, owning a house or condo still seems like an unattainable dream for many young Americans
The bond market has shown signs of a revival, reflecting increasing optimism about a potential rate cut.
Many investors and traders pinned their hopes to rate cuts by the Federal Reserve, but history shows monetary easing cycles can weigh heavily on the stock market
The bond rally might have to wait until late in the year
The Fed is expected to gradually lower benchmark interest rates in 2024 to help foster a gradual rebound in the economy
With corporate earnings season set to kick-off on Jan. 12, current market valuations appear to be pinned on an expectation that earnings growth will surge in 2024
Interest rates are poised to fall this year after the Federal Reserve announced it may cut rates as many as three times in 2024, which makes the bond universe increasingly attractive
The “dollar smile” theory asserts that the greenback can strengthen in both good times and bad, making it a somewhat unique asset in the global markets
The Atlanta Fed GDPNow tracker projects that the U.S. economy will grow at a rate of 5% in 2023, but a recession is still expected to develop at some point in H1 2024