<ul><li>Today’s inflation data is quite positive</li><li>Rates are to rise to the point that it will restore inflation back to 2% target</li></ul><p style=““ class=“text-align-justify“>He is one of the few to mention any talk about a top in terms of the tightening cycle. The others tend to steer clear of any clear line/area when it comes to the supposed terminal rate. As for his take that the inflation data today is „quite positive“, he probably should take a look at the core reading. Pfft.</p>

This article was written by Justin Low at www.forexlive.com.