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Jan 16 2018

Inflation—A Small Upside Surprise

  • Jan 16, 2018

The latest Core CPI number beat expectations but the yield curve flattened. The market shows more conviction about the Fed’s rate hikes than longer term inflation. We recommend patience and we don’t believe missing out on the first few months of higher inflation will cost us dearly.

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About The Author

Chun Wang / Sr. Research Analyst & Co-Portfolio Manager