Under Pressure: Fed Independence Under Fire
With apologies to Queen and David Bowie, the US government has turned up the pressure on the US Federal Reserve, and on Chair Jerome Powell in particular, to fall in line with President Trump’s push for lower interest rates. For investors, the question isn’t politics – it’s how this could rattle markets and shake confidence in US interest rates.
Tag: tsm
Weekly Update for the week ending March 1, 2024
The North American stock markets have had a good run through the first two months of 2024. March has a tough act to follow but the month has a reputation for being a strong month for the North American stock markets, with historical trends showing positive movement more often than not. But remember, past performance is not a guarantee of future results.
Investor enthusiasm over all things related to artificial intelligence should continue to drive the markets higher. With fourth quarter earnings almost over, investors will now cast their eyes towards the Federal Reserve. Each bit of economic news, as well as speeches from Fed officials, will be dissected in an attempt to determine when the rates could begin to fall. I am sure there will be lots of ups and downs with each bit of news, hopefully a lot more ups than downs. So, buckle up, the rollercoaster is about to leave the platform.