Swaps Predict Inflation slowing through the next 12 months to 2,4 percent

This week the government is forecast to say the inflation rate fell to 3% in June, according to data compiled by Bloomberg, something the bond market predicted a year ago.

The market for inflation swaps succeeded in divining the path for consumer prices with an accuracy rate eluding any commentator, accurately anticipating CPI to the nearest decimal in contrast with the consensus of economists and the critics of Fed Chair Jerome Powell and President Joe Biden.

The swaps market sees inflation gradually slowing through the next 12 months to 2,4 percent

Matthew A. Winkler Bloomberg 10 juli 2023 

https://www.bloomberg.com/opinion/articles/2023-07-10/bond-market-derivatives-predict-inflation-when-all-else-comes-up-short



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