Global markets reprice rate-cut expectations as inflation cools unevenly
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Coverage splits on whether easing inflation is durable. Right-leaning outlets frame it as policy overreaction risk while left and center focus on wage resilience.
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Key Points
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Coverage splits on whether easing inflation is durable.
Right-leaning outlets frame it as policy overreaction risk while left and center focus on wage resilience.
Markets now price fewer cuts than expected at the start of the quarter.
Investors adjusted their expectations after mixed inflation signals and resilient labor data.
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Perspective Summary
Reuters: Investors adjusted their expectations after mixed inflation signals and resilient labor data.
Financial Times: Markets now price fewer cuts than expected at the start of the quarter.