ICYMI How investors can try to weather the storm before the interest rate pause
“In ’94, ’95, that cycle happened pretty quickly, within a few months,” she said, adding that central bankers have indicated they’re likely going to stick with their terminal rate, when they get there, for a while this time before cutting.
If we really wanted to deconstruct inflation, we’d be looking at all kinds of things like the global supply chain pressure index, which has come down really dramatically. If you look specifically at one item, like container shipping costs, which have come down a lot and that would fall under the goods component. The services component, that’s the real problem, that’s where wage growth is playing a big role, and then, of course, there’s the housing component.