More Justification For Higher Rates In The US

Thursday’s round of solid US economic data only makes things more challenging for financial markets as it further justifies the need for rates to be moved higher.

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Thursday’s round of solid US economic data only makes things more challenging for financial markets as it further justifies the need for rates to be moved higher. Remember, earlier this week, US CPI came in hotter than forecast, which fueled this latest fallout in risk assets.

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