Good speech to make a correction in the markets. Saying that the FED is not confident enough for cutting rates until the inflation will be stabilized at 2% is saying that maybe at the end of the year, there will be a cut, seeing the inflation estimations, it will be sure that in 2025 there will be an interest rate cut, but, at the moment, if the data remains the same, this year we are not going to see any cut, and given this situation with the elections right now, high volatility markets are expected
Good speech to make a correction in the markets. Saying that the FED is not confident enough for cutting rates until the inflation will be stabilized at 2% is saying that maybe at the end of the year, there will be a cut, seeing the inflation estimations, it will be sure that in 2025 there will be an interest rate cut, but, at the moment, if the data remains the same, this year we are not going to see any cut, and given this situation with the elections right now, high volatility markets are expected
About time.
Behind the curve when they follow lagged official statistics