Inflation figure out today

[Warren Buffet II]

If you have been waiting for a correction, it will come if the inflation figure is worse than expected and will trigger an interest rate increase in November.

WBII

 

[YOUNG_TRADER]

If you have been waiting for a correction, it will come if the inflation figure is worse than expected and will trigger an interest rate increase in November.

WBII

I don't think so,

Hasn't the mkt all but factored in another rate rise in Nov? Thats the info I've been rading, since new Aus Fed made his speach a few weeks back it was "he's more hawkish than we thought" "Inflation looks like it will persist" blah blah blah and I thought the higher than expected PPI all but sealed the rate rise with the only possibility that the CPI is lower than exected (unlikely)

So I doubt mkt will be suprised to the negative, they are expecting another rate rise, IMO can only be suprised to the positive.

 

[lancedefrance]

not long to wait, figures coming out at 11:30 but as you said the market is expecting negative news so i dont think there are any surprises there

 

[YOUNG_TRADER]

I personally am expecting up to 6.5% before we hit the 'peak' of interest rates, hopefully by March Next year, I say hopefully because the sooner we reach the peak, the sooner the cuts can begin and the sooner rates will move downwards, as for now the only way is up or flat but not down, at least at the 'peak' the only way is down or flat but not up

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