Markets are counting on inflation to stay subdued
Markets are counting on inflation to stay subdued: Sevens Report President, Tom Essaye Quoted in MarketWatch
What’s up with inflation? PCE likely to show a small rise in prices despite tariffs.
“Markets are counting on inflation to stay subdued to keep expectations for two rates cuts in 2025 intact,” wrote Tom Essaye of Sevens Report Research. “If inflation surprises to the upside — which is unlikely given CPI and PPI were light — then that will push yields higher and pressure stocks.”
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