Last week it closed positively in most markets despite the falls, and, as we mentioned last week, the market took the comments from the FED very well.
The FED kept rates unchanged and published its forecasts for the next two years, which were more positive than those estimated in December, since real GDP in 2024 is expected to be 2,1% compared to 1,4 % former. On the inflation side, however, the outlook is different, since an upward revision was made from 2,4% to 2,6% for this year.
This week the publication of durable goods orders for February, the final estimate of GDP for the fourth quarter and the PCE inflation data, the FED's favorite indicator to measure the price index, will attract the focus of investors during the session of the Friday.
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Economic News, Federal Reserve
