Your Weekly Journal - April 17, 2023
Keep Your Eye On The Big Picture
Last week, there was nothing too surprising in economic and financial news.
Inflation eased, as expected, although it remained above the Federal Reserve (Fed)’s target rate. The Treasury yield curve remained inverted with three-month Treasury bills yielding more than 10-year Treasury notes, as they have been since November 2022. Also, we may be nearing an end to rate hikes around the world. Bloomberg News reported: