• The market is overestimating the potential for interest rate cuts by the Fed – Commerzbank

Noticias del mercado

12 marzo 2024

The market is overestimating the potential for interest rate cuts by the Fed – Commerzbank

US inflation is sticky. Economists at Commerzbank say that the Fed can wait for longer before cutting rates.

US inflation pressure rises again

The decline in inflation in the US is stalling. In February, consumer prices rose by a strong 0.4% from the previous month, both overall and excluding energy and food. Prices for services in particular increased, reflecting rising wage costs. The high inflation rate in January was therefore not an outlier. 

The data supports our view that the market is overestimating the potential for interest rate cuts by the Federal Reserve.

 

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: