Despite 41-year high US inflation print, investors betting rate cuts are not far away - Moneycontrol

The Fed’s own members expect interest rates to rise throughout this year and then remain flat for entirety of 2023 followed by some cuts in 2024. But, the market now believes that the Fed would be forced to cut rates as soon as March 2023.

The 41-year high retail inflation print for June in the US, released on July 13, initially spooked investors in the global bond and equity market. Consumer prices surged at the rate of 9.1 percent, … [+3046 chars]

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