Not So Fast

Markets came into 2024 pricing in aggressive central bank cutting cycles. But continued resilience in growth and labor market data, along with some recent wobbles in the downward march of inflation has markets (and policymakers) pumping the brakes.Participants:Blake Gwinn (Desk Strategy), Head of US Rates StrategyMichael Reid (Desk Strategy), US EconomistSimon Deeley (Desk Strategy), Canada Rates StrategistPeter Schaffrik (Desk Strategy), Head of UK/European Rates & EconomicsResearch Analyst opinions are their published views, independent of those expressed by Desk Analysts