Inflation Test Looms As Stocks Ask, ‘Who Needs Rate Cuts, Anyway?’

The schedule's pretty crowded this week in the US. An update on the Fed's preferred inflation gauge is the marquee macro event. Core PCE price growth probably ran at 0.4% in January, double December's monthly pace, economists reckon. Suffice to say overshoots on CPI and PPI shifted the narrative. And meaningfully so. The PCE release will likely confirm that the disinflation process stalled last month. The Fed might not characterize it that way, but the word "stall" is in their vocabulary. It m

Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today for as little as $7/month

View subscription options

Or try one month for FREE with a trial plan

Already have an account? log in

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.

NEWSROOM crewneck & prints