Traders are now pricing in an 18% chance of a June Fed rate cut and fewer than two cuts this year, from a 53% chance of a June move yesterday. pic.twitter.com/rWYCBQEl1B
"ECRI relies on early warning signals that catch turning points long before they are evident to laymen. As they say in ice-hockey, you skate to where the puck is going, not where it is." Ambrose Evans-Pritchard https://t.co/hCPp2Thgo2
— Economic Cycle Research Institute (ECRI) (@businesscycle) April 10, 2024