The Federal Open Market Committee (FOMC) will meet this week; interest rates were last raised in July 2023, and during Q4 when rates were held steady markets were hopeful that was a signal that a rate cut would be coming in 2024.
Right now, however, the Federal Funds Futures market is predicting a 99 percent chance that at the next meeting rates will remain where they are, at an effective rate of 5.33 percent and a 97 percent chance that they will be held steady at the FMOC May meeting. It is not until June that there is a 56 percent chance of a rate cut. Inflation ticked up in December 2023 to 3.4 percent and has remained “sticky” at 3.1 percent in January and 3.2 percent in February. Moreover, February&rs...
A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
Lobelia (/loʊˈbiːliə, lə-/[4][5][6]) is a genus of flowering plants in the family Campanulaceae comprising 415 species,[7] with a subcosmopolitan distribution primarily in tropical to warm temperate regions of the world, a few species extending into cooler temperate regions.[8] They are known g...
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