Jul 20, 2022
The stronger than expected 1.3% rise in consumer prices in June, pushing headline inflation to 9.1%, from 8.6%, all but guarantees another 75bp hike at the July meeting but with commodity prices falling sharply and wage growth moderating in recent months, the outlook...
Jun 20, 2022
Economic Market Pulse | June 18, 2022 The Fed’s larger 75 bps rate hike came as little surprise to the markets following the worse-than-expected May CPI data. The decision to raise interest rates by 75bp to 1.50-1.75%, rather than the 50bp widely telegraphed by...
Apr 18, 2022
Market Pulse | Volume 94 The surge in energy prices helped drive headline CPI inflation up to a new 40-year high of 8.5% in March, but with base effects set to become much more favorable and signs that monthly gains in core prices are moderating, we expect that to...
