- Monetary policy is in good shape
- What will happen to Mon Pol depends on data and risks
- We are probably near the peak impact of tariffs
- Inflation is still very high
- The risks in the jobs market are fairly balanced
- Falling energy prices is good news, they should fall further and inflation should subside
- Job market seems to be stable
There isn’t much guidance here, but the market is projecting 30bps of price increases by the end of the year, which tells you the ‘hot inflation’ debate is going to win, despite falling oil prices.
This article was written by Adam Button on InvestingLive.com.
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