Rates on the rise on US inflation and macro data
Market Week
Video recorded on May 29th, 2023
29th May 2023
US growth, and therefore the evolution of prices, are back at the heart of market dynamics. The strength of the US services sector, together with the PCE core inflation reading (that beat expectations), reopen the possibility of the Fed opting to implement further hikes, rather than consolidate the pause it had announced.
Volatility is mitigated by the agreement reached on the debt ceiling between President Biden and Senator McCarthy, that provides for the raising of the limit and a slowdown of spending growth in the next two years: however, the deal still needs to be ratified by Congress.
Volatility is mitigated by the agreement reached on the debt ceiling between President Biden and Senator McCarthy, that provides for the raising of the limit and a slowdown of spending growth in the next two years: however, the deal still needs to be ratified by Congress.
The information contained in this section does not constitute a recommendation, proposal or endorsement to undertake transactions in one or more financial instruments, nor can it be construed as an offer to sell or an invitation to subscribe to one or more financial instruments, or a solicitation to invest in any kind of securities.
The information contained herein is updated on a monthly basis.
Before accessing this Section please read the legal 'Disclaimer' setting out the scope and limitations of the information provided.