Economic Update Dec 2023

We got a pause on interest rate rises with the meeting in December and a change in language as well, with Michelle mentioning “whether further tightening is required…”  This notion that we might be through the rate tightening cycle saw a small fall...

November Economic Update

Rates The Federal Open Market Committee (FOMC) decided not to change the federal funds rate after its meeting in December. With market expectations pointing to a 90 basis point reduction and a 50% chance of the first cut happening in May, this decision sparked...