• Is the US Economy More Resilient to Interest Rate Hikes Than We Think?

      The market is cheering on the prospect of a “soft landing” for the U.S. economy. Stock and bond markets have risen strongly recently. Better-than-expected consumer price index (CPI) and producer price index (PPI) are the catalysts behind the market rise. These data Investors have raised hopes that U.S. inflation can be contained without the economy slipping into recession.   For many, the surprise was not the fall in inflation but the resilience of the U.S. economy, whose arrival had long been predicted. Falling prices for oil, food and other commodities have already pointed to a slowdown in overall inflation in 2023, after last year’s price surge related to the Russia-Ukraine conflict.…

error: Content is protected !!