Listen "Data is noisy and the ride may be bumpy"
Episode Synopsis
BlueBay Head of US Fixed Income Andrzej Skiba discusses why investors will have to wait for additional evidence regarding a moderating inflation trend before the Fed acts to cut rates. Strong growth, labor markets and inflation running hot are not a combination desired by the Fed.In terms of jobs, growth remained robust, but we’ve added fewer jobs than expected.Inflation remains sticky, with February readings staying higher, following up January’s strong data.We do expect a slowdown to manifest itself and that should help inflation to moderate.
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