While the implied market probability did come down, #traders and #investors don’t expect yesterday’s better-than-expected US #inflation numbers to stop the #FederalReserve from hiking in July.
In contrast to the current #Fed guidance, they are pricing now an even lower…
In contrast to the current #Fed guidance, they are pricing now an even lower…
In terms of data outcomes:
Another better-than-expected inflation reading with both headline and core PPI increasing by just 0.1%, month-on-month. This brings the annual measures to 0.1% and 2.4%, respectively.
Initial jobless claims fell to 237,000.
As you would expect given…
Another better-than-expected inflation reading with both headline and core PPI increasing by just 0.1%, month-on-month. This brings the annual measures to 0.1% and 2.4%, respectively.
Initial jobless claims fell to 237,000.
As you would expect given…
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