🚨 THE FED IS ALMOST CERTAIN TO RAISE INTEREST RATES!
U.S. inflation data just released continued to come in higher than market expectations.
• CPI: Up 0.4% month over month (MoM).
• Core CPI: Up 0.3% month over month (MoM).
Last week, U.S. employment data also came in better than forecast. This suggests inflation is becoming the Fed’s biggest concern.
As a result, the possibility of a Fed rate hike is now on the table. The remaining question is whether the increase will be 25 or 50 basis points (bps).
U.S. inflation data just released continued to come in higher than market expectations.
• CPI: Up 0.4% month over month (MoM).
• Core CPI: Up 0.3% month over month (MoM).
Last week, U.S. employment data also came in better than forecast. This suggests inflation is becoming the Fed’s biggest concern.
As a result, the possibility of a Fed rate hike is now on the table. The remaining question is whether the increase will be 25 or 50 basis points (bps).
