Rate Cuts Could be ‘Out the Window’ After March CPI Data Reveals Stubborn Inflation, Tradestation Exec Says
Submitted by Anonymous (not verified) on Wed, 04/10/2024 - 17:00

Stubbornly high inflation has shattered Wall Street expectations for a long series of rate cuts in 2024.


Gold has outperformed after the Federal Reserve expressed a cautious stance on the pace of future interest-rate cuts, the report said.
Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in macro drivers for price direction.
The nation unveiled a mandatory registration process for cryptocurrency platforms.


U.S. economic data on Thursday has sent rates and the dollar higher.
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