An ICYMI from a post on Monday, this change from GS is getting some attention:

GS cited

  • "The recent uptick in US inflation—we expect 0.29% mom for February core PCE, up from a 0.13% average in Q4—has prompted us to soften our baseline Fed call to three 25bp cuts this year (vs. four previously) in June"

The Federal Open Market Committee (FOMC) meet this week, the statement is due at 2pm US Eastern time on Wednesday, 20 March 2024:

Federal Reserve Wednesday, 20 March 2024 2

Earlier previews: