Growth Forecasts, Regional Bank Concerns, And A Hot U.S. Jobs Report

News Snapshot:

deepblue4you Last week was a busy one for market watchers, featuring revised economic growth forecasts, regional bank surprises, some cold water from the Federal Reserve regarding a potential March rate cut, and a hot US jobs report, among other headlines. Following are my key takeaways from the week, and why they matter. Economic growth forecasts largely improve for 2024 The IMF released its updated World Economic Outlook with some tweaks to the forecasts it released in October.1 Global. Its 2024 global growth forecast was upwardly revised to 3.1% from 2.9%, largely because of a more resilient US economy and policy...