BLOOMBERG Bloomberg July 2, 2024
Depreciation fueling concerns of the cost push Inflationary Pressure could be here to say here to stay. Playing into a perhaps is the slow down in the rise of food prices and perhaps businesses a little cautious to pass costs onto consumer because they are aware of the cost of living pressures building. Equities down 1. 5 today. Its not just a story of japans inflation. U. S. Numbers came out overnight and we saw further resilience come into the u. S. Economy. Pushing out expectations for fed hikes to december fully priced and for the First Quarter point cut for fed officials so a distance her...