CPI, PPI and the Fed Meeting This Week
Ok let’s just take a quick look at next weeks calendar where we have the inflation reports on Tuesday and Wednesday along with the Federal Reserve meeting on Wednesday:
The market expects YoY CPI to continue to fall and there is only a 3% chance the FRB hikes rates, so the policy makers are expected to keep the Fed Funds range intact. We did notice the US yield curves start to flatten a bit last week and Friday the 2Y and 5Y notes were the weakest links:
