Monthly Review
August 2024 – Bond Market Review
Recent economic data continues to suggest positive but below trend growth this year. Labor markets remain solid, and the U.S. consumer has demonstrated resiliency.
August 19, 2024
Recent economic data continues to suggest positive but below trend growth this year. Labor markets remain solid, and the U.S. consumer has demonstrated resiliency.
Inflation data this week should provide more support for the Federal Reserve to cut rates at the September meeting.
Following last week’s weak employment report, financial market volatility continued, driven by persistent economic concerns, central bank actions, and global market reactions.
