Research US – Upbeat Macro Data Keeps the Fed on a Tightening Bias

Macro and banks’ balance sheet data covering the period after SVB’s collapse shows that immediate negative consequences to real economy have been modest. The March Jobs Report and CPI will be the final key releases before Fed’s May meeting. We see Core CPI at +0.4% m/m, and look for 250k NFP growth. The series of […]

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