Markets Expect The Fed To Do Something It Has Never Done Before
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Markets Expect The Fed To Do Something It Has Never Done Before

By Ye Xie, Bloomberg Markets Live commentator and analyst

Current market pricing is inconsistent with the notion that Jerome Powell will do whatever it takes to bring down inflation.

Bloomberg’s ECAN function allows you to see visually how investors expect the CPI to evolve in coming years, based on inflation swaps. The current pricing suggests that investors expect CPI to fall from the current above 8% to 5.86% by...

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