4min chapter

What Goes Up cover image

TINA's Dead and Bonds Are Back

What Goes Up

CHAPTER

Is Chair Powell Going to Be a Little More Hawkish?

Gargi: I think next week will probably be all about inflation. As of right now, the market is expecting again, one more week-ish CPI print. So if we get another 0.4 or even a strong 0.3 with a strong core X shelter, that could negatively impact risk sentiment. Gargi: The idea that we're already pricing in some cuts for the end of 2023 is a little bit optimistic. We let the monetary policy and its lag effects work.

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