Have Markets Been Fooled By The Base Effect By Elwin de Groot, Head of Macro Strategy at Rabobank Have markets been fooled by the base effect? Have they been…
LONDON :The dollar rose to a fresh three-month high against major peers as traders pushed back bets for a Federal Reserve interest rate cut following surprisingly hot U.S. inflation figures.Since data Tuesday showed the U.S. consumer price index (CPI) in January gained 3.1 per cent from a year earlier, versus
UK inflation stays at 4%, but what does it mean for markets and clients? Reaction ifamagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifamagazine.com Daily Mail and Mail on Sunday newspapers.