alien2025
04-10

I expect CPI and PPI will be more than expected. There will be minor dip and will normalize immediately. Fed will NOT change the stance. FOMC minutes will confirmt he dovish stance while revealing some of the directors voiced hawkish views.All in all market is waiting for few days and will bounce higher once these two events are done.

CPI 3.5%! Expect 2 or 3 Rate Cuts in 2024?
March headline CPI is 3.5%, higher than estimates of 3.4% and also the highest since September 2023. Core CPI is 3.8%, higher than estimates of 3.7%. Goldman Sachs expects only two rate cuts this year, with the first in July and the second in November. ------------- How do you expect rate cut in 2024? Will S&P start to pullback after hot inflation data? What's your target?
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