We have moved one-and-a-half months into the new year, you take 3% to 4% kind of compounding a quarter, so half of that is over, 1.5% into the new year. So, very much sustainable levels to my mind. If you look at the last 12-13 years of the market, we are at average levels.
Traders raise odds of 50 bps Fed rate hike as CPI rise exceeds expectations
New data has revealed that US consumer prices rose faster than anticipated, prompting speculation about interest rate changes. Fed Governor Christopher Waller suggested a half
November 10, 2026