A Breakdown of CPI and Outlook for Rates
Bloomberg Surveillance
00:00
Implications of Economic Data on Interest Rates
The recent economic data indicates a slowing disinflationary environment, making it difficult for the Fed Reserve to justify cutting interest rates. It is likely that the first full rate cut may be postponed to November, as cutting in July or September seems less probable. The market is expected to start pricing for a November cut, considering historical trends and the upcoming election.
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