US inflation rebound. What now?
Monday 27th February 2023
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
Markets were shaken on Friday when the Fed’s preferred measure of inflation – the core PCE deflator – showed an unexpected bounce back. NAB’s Rodrigo Catril says it was one of a series of strong numbers at the end of last week, and talks through the implications for the Fed, with some voting members talking of the need to be even more than previously signalled. The news has pushed bond yields higher, particularly at the front end of the curve. Meanwhile equity investors are…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.