Thursday’s round of hotter US inflation data hasn’t done much to shake things up, with the US Dollar and US equities relatively stable all things considered. We believe this has a lot to do with the fact that the market had already repriced expectations for a less aggressive 25-basis point rate cut from the Fed at the November meeting, given last week’s US jobs report.Video Length: 00:01:14More By This Author:US Equities Not Worrying About Dollar Demand Dollar Recovers After Impressive US Jobs Report Market Hit By Two Fresh Risks
Hotter US CPI Doesn’t Change The Picture
