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Economic surprises are messing with the market's favorite recession predictor | Hellenic Shipping News Worldwide

Economic surprises are messing with the market's favorite recession predictor | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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In the Market: Economic surprises are messing with the market's favorite recession predictor

A bond market anomaly that has reliably predicted a U.S. recession in the past may normalize this year in a highly unusual manner. It s a worry for markets. The market signal, called a. -April 29, 2024 at 01:00 am EDT - MarketScreener

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In the Market: Economic Surprises Are Messing With the Market's Favorite Recession Predictor

In the Market: Economic Surprises Are Messing With the Market's Favorite Recession Predictor
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

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RBA interest rates: Traders trim rate cuts bets as Reserve Bank 'unconvinced' on inflation

The Reserve Bank of Australia held the cash rate at 4.35 per cent as expected, but poured cold water on a mid-year rate cut, saying inflation is high.

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Interest rates: $A drops after RBA holds rates, takes 'doveish' tone

The Australian dollar dropped below US66ยข and bond yields retreated after the Reserve Bank appeared less keen to raise the cash rate.

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