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ANZ on a US April CPI inspired Fed pivot - NO

ANZ on a US April CPI inspired Fed pivot - NO
April CPI data released on Wednesday:US April CPI 4.9% y/y versus 5.0% expectedA response tipping an imminent pause on Federal Open Market Committee (FOMC) rate hikes:ICYMI - Federal Reserve insider Timiraos says an FOMC pause over summer "appears likely"Goldman Sachs also:Goldman Sachs tip a Federal Open Market Committee (FOMC) pause at the June meeting---ANZ say no:"The combination of the April inflation numbers and the labor market report do not point to an early Fed pivot." "Data to date is... Read More
Posted: May 10 2023, 22:25
Author Name: forexlive
Views: 111721

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