Higher inflation could end rate cuts for this year
Hilliard MacBeth, CIM, FCSI?
![Hilliard MacBeth, CIM, FCSI?]()
Hilliard MacBeth, CIM, FCSI?
Portfolio Manager & Investment Advisor, Richardson Wealth
Higher inflation returned this week. The numbers for January CPI inflation came in hotter than expected. A significant upturn in Core CPI on a monthly and annual basis raised eyebrows, although the markets were not rattled for long.
Is this the end of rate cuts? Will rate hikes be next?