Higher for longer rates looking more certain
Underlying core inflation is cementing opinion for the end of the cheap money era for now.
Underlying U.S. inflation is seen rising at a monthly pace that corroborates the message from central bankers that interest rates will need to stay higher for longer.
The consumer price index excluding food and fuel, a measure favored by economists as a better indicator of underlying price pressu
Learn more about reprints and licensing for this article.
