Surveillance: US CPI with Bryson
Bloomberg Surveillance
Why the Market Reaction to Recent Inflation Data Is Subdued
Although there have been surprises in economic indicators, the market reaction has been relatively subdued. The recent fluctuations in yields have likely contributed to this. The small increase in CPI is not significant enough to change market sentiment. However, it does highlight the challenge of achieving 2% inflation. Services play a crucial role, accounting for more than 60% of the CPI. Overall, the market remains relatively stable.
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