Why This Is Going To Be A Huge Week for the Reflation Trade
- Trump reflation trade may get a boost from inflation measure
- Tax-plan speculation likely to carry greenback through month
How Big of a Risk Is Inflation to the U.S. Economy?
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What’s sandwiched between Janet Yellen’s congressional testimony may prove to be just as important for currency and bond markets when it comes to keeping the Trump reflation trade afloat.
Even after President Donald Trump’s promise of a “phenomenal” tax plan helped send the dollar to its first weekly gain since December and triggered a resumption of risk-on sentiment, doubts remain over whether growth is strong enough for the Federal Reserve to tighten as much as has forecast for this year.