Medium-Term US Inflation Update: Broadening disinflation to pave the way for a significant rate cutting cycle
With the US CPI expected to see material 2H24 disinflation, a significant rate cutting cycle is forecast to begin in September — I expect three rate cuts in 2024 and many more to come in 2025.
My latest medium-term US CPI update has been produced as a PDF report, which can be accessed by premium subscribers via a download link at the bottom of this post.
Shown below is the front-page of the 26-page report, entitled “Broadening disinflation to pave the way for a significant rate cutting cycle”.
The 26-page report includes 72 different charts an…