'All Bets Are Off' - Market-Mayhem After Consumer Prices Crush Dovish-Dreams Borrowing a phrase from one of our favorite movies "all bets are off" after this morning's hot-hot-hot CPI print The fourth hotter-than-expected core inflation report in a row got investors reevaluating expectations around the Fed's first rate cut Source: Bloomberg Goldman's Diana Asatryan noted that their Research group pushed its first rate cut forecast to July from June, expecting two cuts this... Read this story
