Easing Monetary Policies and Portfolio New Buys
October 6th, 2024 Update
Macro Overview:
Financial Conditions: Financial conditions continue to improve.
Monetary Policy: Monetary policy is easing.
GDP Nowcast: The GDP Nowcast for Q3 is at 3%, and 2.7% for Q4—indicating no recession in sight.
Inflation: Inflation is expected to print at 2.25% for September 2024; however, the Nowcast is pointing to 2.49% for October 2024.
Brent Oil…
