U.S. Economy Is Less Interest-Rate Sensitive

Is the stock market today indicating no recession probabilities? Phillip Colmar is monitoring the 10-year treasury yield. Consumer price inflation could ease in the months ahead. However, core inflation will remain stickier than the consensus expects. Is the market mispriced in expecting rate cuts in 2024? Colmar says that the U.S. economy is less interest-rate sensitive.

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06 Aug 2023

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