Soaring CPI Sparks Fed ‘Policy Error’ Panic Across Markets
- See also:
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US hot CPI(9.1%) print spurs market pricing for a 100bps Fed hike in July – Newsquawk
– - Soaring CPI Sparks Fed ‘Policy Error’ Panic Across Markets
by Tyler Durden, https://www.zerohedge.com/
The yield curve – short and long – is screaming ‘policy error imminent’ as its aggressive anti-inflation fight will inevitably trigger anything but a soft landing and spark a new round of easing/QE that will once and for all crush the central planners’ credibility.
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2s30s has now inverted…
2s10s is the most inverted since 2000…
STIRs are inferring a greater than 66% chance of a 100bps hike in July (and September almost a lock for a further 75bps hike)…
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read more.
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