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Could inflation disappoint the Fed in 2024?
Over the last few months, the disinflation trend has slowed in the US and the current level of inflation is not low enough to give the Fed the green light to ease its monetary policy. So which way is the balance of inflation risks tipping? In the short term, one can never rule out upside risk due to an external shock. Energy markets often play this role. In the medium term, what matters to the Fed is inflation expectations and wage trends. Most indicators of inflation expectation...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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