Massive swings as US inflation stays high and UK ready for U-turn
The most surprising response to the higher-than-expected CXPI read was the sharp recovery in US stocks overnight. Bond markets, meanwhile, have priced up mire hikes for longer.
The most surprising response to the higher-than-expected CXPI read was the sharp recovery in US stocks overnight. Bond markets, meanwhile, have priced up mire hikes for longer.