BofA Global Research Fund Manager Survey: Global Investors Choose Cash at Start of 2024
–Still Bullish Towards Growth and Bond Prices By Vicki Schmelzer NEW YORK (MaceNews) – Global investors reallocated into cash at the start of a new year, waiting for additional economic clarity before entering positions, according to BofA Global Research’s monthly fund manager survey, released Tuesday. Inflation views were little changed in early 2024 but […]
Fed’s Waller: More Confident FOMC Can Start Cutting Funds Rate in 2024
– Rate Cuts Should Be Done ‘Carefully and Methodically’; ‘Take Our Time’ – Exact Timing of Rate Cuts Not Crucial; Should Await More Inflation Evidence – Should Start to Think About Tapering Quantitative Tightening Later in 2024 – Shouldn’t Slow Pace of MBS Run-off By Steven K. Beckner (MaceNews) – Federal Reserve Governor Christopher Waller […]
White House and Other Schedules for Tuesday, Jan 16
WASHINGTON (MaceNews) – The following are Tuesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, JANUARY 16, 2024 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed […]