Market in Review 12/12/2023

MARKET REPORT Review: – US CPI largely in-line –  Core CPI figures as expected – 0.3% M/M and 4.0% Y/Y,  headline M/M rose 0.1% (above exp. 0.0%), while the headline Y/Y lifted 3.1%, as expected. – Fed pricing sits more hawkish to pre-data levels with 110bps of cuts priced across 2024 vs 117bps (pre-data), first […]