While we expect U.S. economic growth and inflation to moderate in the year ahead, the probability of a recession has increased somewhat in our view. The market was overly concerned last year that
by Laura Fox FEATURED MARKET DATA
Steepening Yield Curve
The Federal Reserve cut rates by 0.25% as expected in December to a range of 4.25-4.50%, yet longer-term yields rose for the month. The shift up in longer term yields was due in part to a hawkish tone from the Federal Reserve.
by Laura Fox 