Markets US September inflation printed hotter than expected and contained some important hawkish details such as rising food prices and accelerating supercore services inflation (to an annualized 3mMA of around 4%). Several Fed officials including NY’s Williams, Chicago’s Goolsbee and Richmond’s Barkin were not too worried and focused on the broader picture in which inflation […]
Sep 06, 2024
Week Ahead – ECB Poised to Cut Again, US CPI to Get Final Say on Size of Fed Cut
ECB is expected to ease again, but will it be another ‘hawkish cut’? US CPI report will be the last inflation update before September FOMC UK monthly data flurry begins with employment and GDP numbers ECB to cut rates for second time The European Central Bank’s carefully choreographed rate-cutting cycle got off to an awkward […]
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