Market participants pause as they wait for tomorrow’s inflation report
Market participants pause as they wait for tomorrow's inflation report It is a given that the potential for inflation to decline in the December report. The assumption that inflation continues to diminish and has for the most part been factored into market pricing. Tomorrow's Consumer Price Index will occur after the strong and hawkish speech by Chairman Powell delivered yesterday at a central bank conference in Sweden. Powell's speech did not contain new insights or flexibility that was not already…