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KEY POINTS: US CPI surprises to the downside, potentially opening the door for an earlier than expected rate cut US Jobless Claims disagree with NFP …
Our next policy move is not automatically an interest rate hike Future decisions are to be made on a meeting-by-meeting basis Inflation risks are now …
Rate cuts by year-end (2026) Fed: 61 bps (76% probability of no change at the upcoming meeting) BoE: 36 bps (90% probability of no change …
It’s all about the BOJ so far today and we’re seeing some modest moves in reaction as the Japanese yen runs lower. That despite the …