Morgan Stanley's chief US economist Michael Gapen argues that "inflation is slowing down" should be enough to keep the Fed on the sidelines in September.
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- tothehill·08-31 13:32September pause feels too early a cap. If core services and wage growth keep easing, they can stay sidelined longer than the market thinks and risk assets like thatLikeReport
- UrsulaFowler·08-31 13:32"Inflation is slowing" still feels too neat. Core services look sticky, so one softer headline read is nowhere near enough for SeptemberLikeReport