2min snip

Bloomberg Surveillance cover image

A Breakdown of CPI and Outlook for Rates

Bloomberg Surveillance

NOTE

Interpretation of Inflation and Market Impact

The discussion analyzes the current inflation scenario, emphasizing that despite inflation being bad, there is real wage growth and diminishing consumer inflation expectations. It questions the definition of 'tight policy' if inflation continues to rise unexpectedly. Despite short-term drops in futures and inflation contributing to a

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