On top of the CPI hill
Wednesday 12th April 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThere will be a lot of focus on the US CPI number tonight, with an expected fall in the headline rate. There could be quite a market response if there are signs that inflation hasn’t peaked. NAB’s Skye asters believes markets still have unrealistically high expectations of rate cuts later in the year, echoing comments that Jerome Powell gave at the last FOMC press conference. We get top read the full minutes of that meeting later today. This morning we also look into…
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