Weekly Commentary | March 3, 2024 | PDX Makes The Change
Summary
Markets were flat this week, but upcoming events such as the jobs report, PMIs, and the ECB meeting are expected to be important.
The Core PCE came in as expected, with inflation hawks noting a rise in the "supercore" measure, potentially keeping the Fed from cutting rates.
Expectations for Fed rate cuts have shifted drastically in the past two mon…
