Fed to retain the dovish tilt despite higher US inflation - UOB
14.06.2021, 14:02

Fed to retain the dovish tilt despite higher US inflation - UOB

FXStreet reports that UOB's Senior Economist Alvin Liew comments on the latest higher-than-expected US inflation figures.

“On Thu (10 Jun), the May CPI data released by US Labor Department showed US price inflation topped forecasts with the y/y increase at the highest in decades but markets took the data in their stride, assessing that the bulk of the inflation was likely driven by transitory components, and consequently, US equity markets rose while both the US dollar and US Treasury yields edged lower.”

“US CPI rose 0.6% m/m in May, exceeding Bloomberg median forecast of 0.5%, and came on top of marked 0.8% increase in the prior month. Core CPI also surged 0.7% m/m, beating expectations of 0.5%. Compared to 12 months ago, CPI inflation was higher at 5% y/y in May, the highest inflation rate since Aug 2008 (5.3% y/y) while core inflation soared by 3.8% y/y, the largest increase since Jun 1992.”

“Despite the sharp 5% y/y spike in May, inflation still looks to be transitory on a combination of demand increase and supply chain bottlenecks at the restart of activities. Transport and energy inflation rose in part due to base effect. Our View: Still early for Fed to taper or hike rate.”

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik