If you look at that chart there's no way the core inflation isn't going to fall below 2% without a rate cut in 2024 IMO. The trajectory is too steep & the impact of previous increases are still filtering through.
The risk now is more of a hard landing than persistently above target inflation.
It'll all end in tears at some point 2024 but IMO by the end of 2024 we'll be on a much better trajectory all round.
BBUS, page-14118
-
- There are more pages in this discussion • 368 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SP500 (INDEXSP) to my watchlist
 (20min delay)
|
|||||
|
Last
2,958.8 |
Change
17.070(0.58%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 2,958.8 | 0.00 | 0.00 |