18th March 2024
US bond market witnessed a sharp correction last week on unfavourable inflation data that unnerved investors
Inflation data has signalled a persistence that must worry the Fed
The FOMC will be under pressure to reassess its guidance to the markets at this week’s meeting
Market prices just two or three rate cuts this year, down from seven in December
Strong wage growth may prompt the Bank of Japan to start to tighten policy
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