So is it rising or cooling? Can the central banks ease rate increases? Or does the WSJ just hope and pray that the Fed will stop, just please make it stop?
Both are true, too
Inflation cooled, because Year over year in January is 6.4%, while in December it was 6.5% and in November it was 7.1%. So it has a downward trend
Inflation was 0.5% month over month in January, which was higher than the market expected 0.4%
The overall story is that inflation seems to be slowing down, but the market seems to think that the slowdown will happen quicker than it actually is, possibly making the Fed raise rates
The fed is expected to go up to 5.25 and most of the market still expect that.
It rose. Period. There is more inflation. That is what the .5% increase means. And yes, you are right, the WSJ just wants it to stop. Or shoudl I say Rupert Murdoch wants it to stop.
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