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A Local Culinary Adventure: inspired by Halifax's Seaport Market | SaltWire #cooking #cookingtipsStocks are up, U.S. interest rate expectations are getting tweaked lower and yields are in a downdraft after a handful of Fed officials suggested that a weeks-long run-up in yields might be bolstering their fight against inflation.
Futures pricing suggests traders now see about a 30% chance of another rate hike this year, down from about 45% a week ago. Ahead on Wednesday, the European Central Bank's inflation survey and U.S. producer price data will lead in to U.S. inflation data on Thursday.
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