Soft CPI and Steady Rates: Navigating a Mixed Economic Landscape

Описание: In this week’s Trading Take, Alex Thorn is joined by Beimnet Abebe from Galaxy Trading to dissect recent economic developments. They delve into the latest CPI data which showed a softer inflation print than anticipated, suggesting a potential slowdown in inflationary pressures. The discussion also covers the Fed’s latest economic projections which hint at fewer rate cuts than expected, a stance seen as cautiously hawkish against the backdrop of the current financial environment.

This episode was recorded on Wednesday, June 12, 2024.

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