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Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectations
The combination of slower growth and nagging inflation is an unsettling mix
Markets no longer fully confident of move by September following new growth and inflation data
An ECB interest rate cut soon would make sense but the Fed faces a more difficult call in the US
While base case remains reduction in borrowing costs, options market shows a 20% probability of increase
Not as bad as it looks — better for the Fed to keep calm, and carry on?
And the death of the stock size factor
Comments from Federal Reserve chair came after global markets rocked by shifting interest rate expectations
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you
And bank earnings
How long can the economy last without a recession?
Government debt sells off and dollar gains as latest sign of hot economy cools hopes of interest rate cuts
FT-Michigan Ross poll finds president’s gains could be derailed by stubborn fears over high prices
Currency’s strength compared with euro and sterling comes after higher than expected US inflation figures
The flipside to higher rates is people want more for their savings, too
And Apple’s legal fight
Consumer prices are rising quickly at just the wrong time for the US president
Figures for consumer prices and core inflation exceed expectations
Plus, readers reply on private credit’s excess returns
Influential investor says US inflation and growth are not at levels where interest rates can fall
That is, as long as the data does not deliver a nasty surprise
Markets price in more than two quarter-point cuts, compared with more than six expected at start of 2024
S&P 500 closes down 1.2% in worst finish since mid-February and investors rush into Treasuries
Market failures occur because consumers are not the all-knowing rational agents that appear in economic models
US central bank needs ‘greater confidence’ before cutting interest rates, chair says
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