Brief
Is the Market Mispricing the Rate Hike Probability?
Executive Summary Inflation expectations have fallen sharply following last week’s benign CPI and PPI prints, yet the market continues to price a meaningful probability of an interest rate hike by the
Summary
Executive Summary Inflation expectations have fallen sharply following last week’s benign CPI and PPI prints, yet the market continues to price a meaningful probability of an interest rate hike by the Federal Reserve — a disconnect that appears mispriced.
On balance, the Fed will likely look through the near-term energy spike and hold rates steady...
Source
- Connect CREconnectcre.com
