Monetary authorities will probably read this as validation that they’ve done a good job, that CPI is returning to the 2% target, and that further rate cuts are warranted.
In short, bullish.
Blake on Nostr: Keep in mind that CPI is still declining, September’s print came in just 10bps ...
Keep in mind that CPI is still declining, September’s print came in just 10bps higher than expectations.
Monetary authorities will probably read this as validation that they’ve done a good job, that CPI is returning to the 2% target, and that further rate cuts are warranted.
In short, bullish.
Monetary authorities will probably read this as validation that they’ve done a good job, that CPI is returning to the 2% target, and that further rate cuts are warranted.
In short, bullish.