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Breaking – CPI Inflation
Headline CPI came in lower than expected, but core CPI came in higher.
The results were mixed in terms of strength between headline and core.
Interest rates fell sharply, and the USD/JPY dropped suddenly.
Stock prices reacted with a big rise.
The market is increasingly expecting rate cuts and has reacted positively.
Headline CPI came in lower than expected, but core CPI came in higher.
The results were mixed in terms of strength between headline and core.
Interest rates fell sharply, and the USD/JPY dropped suddenly.
Stock prices reacted with a big rise.
The market is increasingly expecting rate cuts and has reacted positively.
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