THE MARKET IS CELEBRATING THE FALL IN INFLATION TOO EARLY
જ⁀➴
Falling energy prices and slower wage growth are creating the illusion that the danger has passed. Economists even expect a more moderate pace for the consumer price index.
But the devil is in the details. Core prices remain stubbornly stable. With headline inflation still above target, the central bank won't offer any easy reprieve, and a small rate hike in December is firmly on the radar.
Tensions persist, and traders are watching the upcoming figures closely. The big question is whether we'll see the much-hoped-for stabilization or another blow from interest rates.
$INIT
$ARIA
$ONE
#cpitestsdecemberrateoutlook
જ⁀➴
Falling energy prices and slower wage growth are creating the illusion that the danger has passed. Economists even expect a more moderate pace for the consumer price index.
But the devil is in the details. Core prices remain stubbornly stable. With headline inflation still above target, the central bank won't offer any easy reprieve, and a small rate hike in December is firmly on the radar.
Tensions persist, and traders are watching the upcoming figures closely. The big question is whether we'll see the much-hoped-for stabilization or another blow from interest rates.
$INIT
$ARIA
$ONE
#cpitestsdecemberrateoutlook
