“There was #definitely a macro overtone to that in the sense that the market started pricing in peak terminal rates and #disinflationary numbers

Federal Reserve Raises Benchmark Interest Rate by 0.25%, #Disinflationary Process 'Early,' #Says Powell

Federal Reserve Raises Benchmark Interest Rate by 0.25%, #Disinflationary Process 'Early,' #Says Powell

Federal Reserve Raises Benchmark Interest Rate by 0.25%, #Disinflationary Process 'Early,' #Says Powell

#acknowledged that a “#disinflationary #trend

#acknowledged that a “#disinflationary #trend” has started.

but #acknowledged that a “#disinflationary #trend” has started.