The tweet was deleted by the author.
But we saved everything 🙂.
Daniel Lacalle, chief economist and investment manager at Tressis Gestion, notes that rate hike estimates are falling rapidly as inflationary pressures diminish.
This trend indicates shifting expectations in financial markets regarding future monetary policy.
Lacalle previously noted that the U.S. dollar index climbed above 100 as global demand for U.S. assets reached a record high. In an earlier analysis, he argued that public spending is a key driver of inflation, rather than the actions of central banks. These observations come as market focus shifts to expectations for future policy changes.