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Monday, February 13, 2023

Fundamental: US January CPI: Will Disinflation Narrative Continue?

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Alert Alert Feb 13, 2023, 9:10pm
 
Fundamental: US January CPI: Will Disinflation Narrative Continue?
Following the last FOMC meeting, it seemed the Fed was quite happy with how much inflation was coming down. The rhetoric shifted from "keep raising" to "only a couple more hikes left". That was a dovish shift that was welcomed by the risk-on side, to the detriment of the dollar. The Fed is still very much data dependent, as affirmed by Powell's latest ...
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