Markets were yet again rattled by a round of solid US data releases with the Fed's preferred measure of inflation shooting the lights out against a backdrop of a surge in consumer spending. The data depicted a US economy running too hot at the start of the year, increasing the urgency for the Fed to do more tightening over coming months. A repricing rate ...
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Feb 27, 2023, 7:53am
Fundamental: Markets Today: Too Hot
Markets were yet again rattled by a round of solid US data releases with the Fed's preferred measure of inflation shooting the lights out against a backdrop of a surge in consumer spending. The data depicted a US economy running too hot at the start of the year, increasing the urgency for the Fed to do more tightening over coming months. A repricing rate ...
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