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  • Reuters

    EXPLAINER-Charting the Fed's economic data flow

    The U.S. Federal Reserve held the benchmark interest rate steady in the 5.25% to 5.5% range at its March policy meeting, and officials continued to anticipate approving three quarter-point interest rate cuts by the end of 2024. Before policymakers begin to ease borrowing costs they say they want to see more data confirming that inflation is returning to their 2% target. , which the Fed uses to set its 2% inflation target, increased at a 2.5% annual rate in February, up from the 2.4% rate seen in January.

  • Investor's Business Daily

    Dow Jones Futures: Stock Market Strong But Inflation Sticky; Will Nvidia AI Chip Peer Forge A Base?

    The stock market impressed but Friday's inflation data was sticky. Nvidia peer and AI chip IPO Astera Labs could be starting a base.

  • Yahoo Finance Video

    New York leads 2024 office demand outlook, San Francisco tech sector lags: VTS

    New global office demand data from VTS forecasts that New York City will hit 30 million square feet of office leasing in 2024. VTS Co-Founder & Chief Strategy Officer Ryan Masiello joins Market Domination Overtime to discuss commercial real estate trends and what they suggest for the broader market. Masiello signals that New York represents a market where the headlines do not meet the reality of what is happening on the ground: the city has led office demand recovery since the onset of the pandemic, he claims. The VTS co-founder explains that the firm's modeling looks across 13 billion square feet of office space managed on the VTS platform. According to this data, Masielo says San Francisco's office demand is showing signs of resilience, though the tech sector is 60% behind its pre-COVID office capacity. If interest rates come down, "tech companies can start growing again," Masielo adds. With the shift to hybrid and virtual labor, office footprints have shrunk only by about 6% from pre-COVID levels, Masielo says. Such work policies aren't impacting the size of companies' office footprints, he adds. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. Editor's Note: This article was written by Gabriel Roy.