Lates News

After the release of the US CPI data, expectations for the Federal Reserve interest rates have remained stable. Traders still expect an increase of about 40 basis points in the next 12 months. JPMorgan Chase's US interest rate strategist Molly Brooks pointed out that the market views the energy shock as a "when, not if" transmission story. In a situation where Federal Reserve pricing remains relatively stable, expectations for the transmission of oil to future inflation data have been pushed back.