A blow out CPI to push FOMC to hike by 50bp

The US labour market is tightening, employment costs are rising rapidly and inflation is very high. Joseph Capurso, Head of International Economics joins Belinda Allen, Senior Economist in discussing the outlook for the US FOMC and how the threshold for a 50bp lift in March has now been crossed. Joe covers the outlook for the interest rate cycle and the indicators to watch as rates are lifted.

 

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