Inflation-First Upside Surprise In Six Months

September 15, 2017 BY Chun Wang
PDF Download: PDF icon Sep2017_F.pdf

While still too early to call an upturn in inflation, we believe at least expectations are perhaps low enough to make the odds in favor of upside surprises in the near term. We don’t think one small beat on the CPI is likely to turn the Fed more hawkish at the upcoming September FOMC meeting.

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