SHY News and Press, iShares 1-3 Year Treasury Bond ETF From 06/13/24

2024-06-13 12:40:00 ET Summary Data can look good or bad, depending on the time frame, (i.e. monthly, 3-month annualized, 6-month annualized, year-over-year) so look across various frames. As technical analysts have stated over the years, “price is everything”, meani...

2024-06-13 12:25:00 ET Summary The Fed forecasts the US unemployment rate to rise to 4.2% in 2025, 80 bps above the 3.4% cycle low in 2022. The Fed is incongruently predicting US GDP growth of 2% in 2025. Market cycles tend to be hard on those who lack attention or understandi...

2024-06-13 12:05:00 ET Summary The Fed's American exceptionalism problem. US inflation is falling, so why can't the Fed lower rates? Why the Fed is indicating just one rate cut in the cards for 2024. ... Read the full article on Seeking Alpha For furt...

2024-06-13 10:55:00 ET Summary Core services CPI increased by 2.7% annualized in May from April (0.22% not annualized), the smallest increase since October 2021. Rent of Primary Residence CPI rose by 4.8% annualized in May from April, an acceleration from the prior month. Moto...

2024-06-13 08:40:00 ET Summary As it stands today, maybe, just maybe, we are seeing a confluence of economic data that may allow the Fed to undertake its one or two rate cuts it so badly wants. Outside of a notable downturn in manufacturing and industry (which is now entering a cy...

2024-06-13 05:56:00 ET Summary The FOMC voted to hold its federal funds rate target in the 5.25-5.5 percent range on Tuesday. FOMC members also revised their forward guidance for the future path of interest rates. Back in March, the median FOMC member projected the midpoint of the...

2024-06-13 03:20:00 ET Summary Prices held steady in May - CPI grew at a continuously compounding annual rate of 0.1% last month. Shelter prices, which rose at an annualized rate of 4.8% last month and 5.3% over the last year, continue to grow faster than almost all other prices. ...

2024-06-13 02:50:00 ET Summary The Fed left monetary policy unchanged, but their updated projections signals just one rate cut before year-end versus the three they suggested in March. They are now projecting four rate cuts in 2025 versus the three they had previously, but this me...

2024-06-12 23:35:00 ET Summary The Federal Reserve (Fed) kept rates unchanged at the June Federal Open Market Committee (FOMC) meeting, marking the seventh consecutive meeting with no action on the rate front. The Fed’s revised outlook now projects one rate cut for this yea...

2024-06-12 23:05:00 ET Summary May's CPI report came in softer than expected, delivering a positive sign that recent months of sticky inflation may have been just a bump in the road. Headline CPI inflation eased from 0.3% in April to 0.0% in May, a significant milestone following ...