- Not seeing proof that banking stress is doing Fed’s job on inflation
- Fed has to maintain moving into battle towards inflation
- Companies inflation appears “fairly darn entrenched”
- It could be that we’ve got to go north of 6% however that is not clear but
There appears to be some differing opinions on the Fed presently however the comment on 6% charges is actually reflective of extra hawkish sentiment than what markets are pondering proper now. USD/JPY is on the highs for the day now at 138.09 presently.
