Headline indicators and core prices rose in unison as the Producer Price Index (PPI), which shows a company's final price, came out higher than expected, but the market was not shaken much. Technology stocks were even stronger as expectations for a rate cut grew stronger.
음 파월이 매달 인플레이션이 이제부터 낮이질것이라는 예측을 했는데... 이 말이맞다면 이번달 cpi부터는 좋은 결과를 기대해봐도 좋을듯하네요
The main reason is that Fed Chairman Jerome Powell has expressed strong confidence in price declines, saying, "The progress of inflation is slowing down a little bit, but now it's going to fall every month." On top of that, the data was revised down last month, and it also played a part in the fact that the gains are not so significant when both months are combined.
드디어 ... 금리인해에 대해서도 기대감을 가질 수 있는것인가 ?
While inflation data shows stubbornness, Powell and market confidence in falling prices is ironically attributed to a possible slowdown in growth. All of the recently released data show negative surprises that fall short of market expectations.
This is evident in Citi's Economic Surprise Index, which also underlies the market's confidence in falling prices and interest rates, as the possibility of a slowdown in consumer spending grows, and that oil prices have already fallen considerably.
Tomorrow's consumer price index will continue to rise by 0.4% month-on-month, with core prices expected to fall to show a contrast.
In any case, the market is now paying attention to this week's biggest event, the release of the Consumer Price Index. The market is expected to accept it positively, even if it only comes close to market expectations. If data comes out below expectations, the dollar is expected to show a fairly steep decline, along with risk asset preference.
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