BBH
BBH, Institutional
US Dollar: Hot CPI supports stronger rate hike odds – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes that a hotter-than-expected US October CPI report boosted the Dollar, triggered a sell-off in Treasuries led by the short end, and weighed on US stocks. Hot CPI shifts Fed expectations “Yesterday’s hot US October CPI jolted markets. USD rallied across the board, Treasuries sold-off led by the short-end, […]
by Currency Hedger
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- 13 minutes ago
BBH, Institutional
Fed policy: Markets weigh larger December hike – BBH
Brown Brothers Harriman (BBH) reports that stronger US inflation data and hawkish comments from several Fed officials have shifted market focus toward the size of a December rate hike. Officials stress persistent inflation risks “The US inflation surprise shifted the FOMC December rate debate from whether to hold or hike 25bps to a choice between […]
by Currency Hedger
- 0 Comments
- 26 minutes ago