Cargando…
New York Fed President John Williams uses an onion metaphor to explain U.S. inflation, noting inflation has fallen from a peak above 7% to 3.5% on the PCE measure. He says the outer layer is globally traded commodities such as grains, oil, steel and lumber, whose prices have eased as global demand has come into better balance.
Williams' view that commodity-driven inflation is fading suggests the Fed may hold rates high for longer, keeping the dollar firm and adding a modest headwind to dollar-priced grain and oil.
bis.orgJohn C Williams3 oct 2023Tras 2356 eventos alcista de macro pasados, Dólar estadounidense (amplio) se movió una mediana de +0,2 % en 5 sesiones (60% al alza; mitad central entre -0,3 % y +0,7 %), y +0,4 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
