The latest U.S. consumer-price data came in softer than expected. That set off excitement, hope and spreadsheets full of rate-cut fantasies. Markets now put roughly a one-in-four chance on a Federal Reserve cut in January and are almost certain about one by April. Yet the same re ...Show more
All Episodes
Nothing to See, Cut Rates
The latest U.S. consumer-price data came in softer than expected. That set off excitement, hope and spreadsheets full of rate-cut fantasies. Markets now put roughly a one-in-four chance on a Federal Reserve cut in January and are almost certain about one by April. Yet the same re ...Show more
Inflation Took a Chill Pill
The long awaited CPI data delivered a good surprise for investors. Inflation did what they have been begging it to do: it behaved. Prices rose in November, but gently. Headline inflation came in at 2.7% and core inflation at 2.6%. Both were well below expectations (3.1% and 3.0%) ...Show more
Santa Ghosted Wall Street
For some investors, the economy is cooling just enough to justify lower interest rates. But others say there are stubborn facts: inflation still above target, a global backdrop where other rich countries are talking about tightening, not easing, and a technology boom financed wit ...Show more
Rate Cuts Can’t Buy Confidence
Central bankers have done their part. Markets are now arguing about what it means.Hosted by Audiomeans. Visit audiomeans.fr/politique-de-confidentialite for more information.
Markets Wanted a Party. The Economy Brought a Reality Check.
The Federal Reserve handed investors another rate cut. Wall Street responded by immediately looking for something to worry about. It found plenty. Tech stumbled, geopolitics glowered and commodities misbehaved. And to top it off, fresh economic numbers suggest America's post-pand ...Show more