Semis to take a break?
June 23, 2024 - Update
Current Economic and Market Conditions: A Snapshot
Monetary Policy
Still Restrictive: The pace of restriction has slowed, indicating the FED is waiting for better data to consider easing.
Credit Conditions
Slight Improvement: Banks are slightly increasing loans after a long period of decline.
Inflation
Current CPI: Slightly better than expected at 3.3% YoY.
In…
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