Global Economy · Inflation·8 hours ago 7 min read
Global Inflation Cools, But Central Banks Stay Cautious
Headline CPI readings across G7 economies surprised to the downside, yet the Fed and ECB signal patience before easing further.
D
Daniel Whitford
Chief Economics Correspondent
October inflation readings showed broad disinflation across advanced economies, with services prices finally moderating after stubborn persistence through the summer.
Despite the cooler print, the Federal Reserve maintained its hawkish posture, emphasizing that the path back to 2% is uneven.
Bond markets repriced rate-cut expectations, with futures now implying three quarter-point cuts by mid-next year.
#Inflation#Federal Reserve#ECB#Macro
