- Jun 10, 2004
- 14,436
- 5,409
- 136
Majority of bets are on a rate cut. Maybe 25 basis points.
But inflation still being 2.9% annualized in July suggests inflation is still sticky. Headlines make it sound like prices decreased, but it's the rate of increase that decreased.
But inflation still being 2.9% annualized in July suggests inflation is still sticky. Headlines make it sound like prices decreased, but it's the rate of increase that decreased.