SEP

Itching to Ease & Two Policy Puts (BN) POWELL: STRONG HIRING BY ITSELF NOT A REASON TO DELAY RATE CUTS Once again, the Summary of Economic Projections (SEP) offered a market surprise. The increase in median ‘24 growth and core inflation forecasts, combined with no change in the expected...

On Saturday, the Obama Administration did what most people familiar with the case believed it wouldn’t: It reversed the ruling of the ITC to ban the sale and import of older model Apple (NASDAQ: AAPL) iPhones and iPads in the United States. On June 4 of this year, the International Trade...