April CPI is expected to rise 0.6% month over month and 3.7% year over year, signaling reaccelerating inflation driven by higher oil prices. The market now sees no Fed rate cuts and is pricing a more hawkish stance from the ECB and BOE, with potential renewed tightening if inflation expectations keep rising.
April CPI is expected to rise 0.6% month over month and 3.7% year over year, signaling reaccelerating inflation driven by higher oil prices. The market now sees no Fed rate cuts and is pricing a more hawkish stance from the ECB and BOE, with potential renewed tightening if inflation expectations keep rising.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.35
