Jump to content
  • Sign Up
×
×
  • Create New...

Recommended Posts

  • Diamond Member

This is the hidden content, please

Fed rate cuts close to ‘a coin toss’ amid hot inflation: Economist

The Consumer Price Index (CPI) — the measurement of inflation in consumer goods and services prices — came out in line with November estimates, rising 0.3% month-over-month and 2.7% year-over-year. Core CPI, which excludes food and energy prices, also matched economist forecasts as it rose 0.3% from the prior month and 3.3% annually.

State Street senior global macro strategist Marvin Loh and EY chief economist Greg Daco sit down with the Morning Brief’s

This is the hidden content, please
and
This is the hidden content, please
following this inflation report, especially as the Federal Reserve prepares to meet next week for its final FOMC policy meeting of 2024 where the central bank is expected to cut interest rates by 25 basis points.

“The good news is that we have an environment in which we’re not seeing any acceleration in inflation,” Daco cites, later adding: “The bad news is that there is indeed some stickiness in the underlying inflation dynamics. You’re seeing core goods prices rising. This is something that we have to be a little bit careful of, especially as we look out on the horizon with the potential for tariffs that could be inflationary.”

On the Fed front, Loh speculates that if officials show signs of wavering on their rate cut approach, “you start wondering if you’re even aggressive from that perspective.”

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by

This is the hidden content, please
.



This is the hidden content, please

#Fed #rate #cuts #close #coin #toss #hot #inflation #Economist

This is the hidden content, please

This is the hidden content, please

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Vote for the server

    To vote for this server you must login.

    Jim Carrey Flirting GIF

  • Recently Browsing   0 members

    • No registered users viewing this page.

Important Information

Privacy Notice: We utilize cookies to optimize your browsing experience and analyze website traffic. By consenting, you acknowledge and agree to our Cookie Policy, ensuring your privacy preferences are respected.