The bond market is pricing in a sharp deceleration in inflation over the next year, as aggressive tightening by the Federal Reserve to counter the steepest surge in prices in a generation ramps up
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The bond market is pricing in a sharp deceleration in inflation over the next year, as aggressive tig.
The Federal Reserve will need to see strong evidence that inflation is retreating before it will be willing to relax its policy of interest rate increases.