Revival in goods price inflation will make disinflation progress harder

With the next round of inflation reports on the near horizon, markets should be prepared for a disappointment that, following April’s employment report, may well erase the uptick in rate-cut expectations.The bottom line is that [...]

By Theresa Sheehan|2024-05-09T08:38:56-07:00May 9, 2024|

Global data slightly underperforming; Eurozone and US lag, Japan leads

At minus 14 and minus 9, both the Relative Performance Index and the index less prices (RPI-P) extended the prior week’s pattern of global underperformance, too limited, however, to sway expectations for monetary policy.In the [...]

By Jeremy Hawkins|2024-04-26T11:15:15-07:00April 26, 2024|