Stock Market Today: S&P 500, Nasdaq Open Higher; PCE Inflation Hits 2.7% -- Live Updates
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BNR: Non-governmental credit balance rose by 1.1% in March 2024
At end-March 2024, loans to non-government sector granted by credit institutions increased 1.1 percent (0.6 percent in real terms) from February 2024 to RON 387,979.8 million, informs the latest report by the National Bank of Romania (BNR). RON-denominated loans, representing 68.9 percent of total volume of loans to non-government sector, grew by 1.3 percent, whilst […]
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Micro Trumps Macro As Stocks Shrug Off Week Of Higher Inflation, Higher Rates, & Lower Growth
Micro Trumps Macro As Stocks Shrug Off Week Of Higher Inflation, Higher Rates, & Lower Growth It was an ugly macro week Source: Bloomberg and worse still, 'growth' surprises disappointed significantly while 'inflation' surprises surprised to the upside significantly Source: Bloomberg Soaring inflation expectations sent rate-cut expectations to new cycle lows Source: Bloomberg pushing yields higher across the board (led by the long-end) Source: Bloomberg But, stocks...
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Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller
It marked another increase after the prior month's annual gain of 6%, and the fastest rate of price growth since November 2022.