Dear Etorians, 01/31/24 The Fed maintained its rates at their level on Wednesday, as expected, but held back on rate cuts, insisting that it is waiting to have greater confidence in the lasting drop in inflation before beginning monetary easing . A cold shower for the markets, which, given the downward trajectory of inflation, the better balance in the labor market, and still solid growth, were hoping for a first decline in March, during the next meeting. “The economy appears to be heading for a soft landing in the United States and around the world,” said ADP Chief Economist Nela Richardson. That is to say, reaching the desired level of inflation, without causing unemployment to soar or causing a recession. $NSDQ100 $SPX500 $NU $OSCR $STNE