The Monthly CPI Indicator rose 3.4% in the year to January, in line with the outcome recorded in December. This remains the equal softest print for monthly inflation estimate since November 2021. The January print was meaningfully less than Westpac’s forecast of 3.9%yr, and the market median forecast of 3.5%yr. Taken at face value the […]
A surprisingly high US inflation print this week triggered the biggest shake-up in US bond markets in more than a year. The US 2-year government bond yield closed 23bp higher on the day, which was the biggest one-day move since March last year. It reflects a further repricing of expectations for Fed policy with money […]
The post Weekly Focus – US Inflation Shakes Up Markets appeared first on Action Forex.
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