That will combine with core inflation readings that are no longer anchored by past low year - over-year base effects, setting the stage for a series of
looming inflation prints that are above the Fed's stated 2 % long - term inflation target.
The Feds will raise interest rates in March on the back of two
strong inflation prints post-January meeting, but the market remains comfortably parked in the three rate hike camp for 2018.
The Fed's policy move was fully justified, in our view, despite some of the handwringing regarding rate increases from many market commentators focusing on another
weak inflation print.
That will combine with core inflation readings that are no longer anchored by past low year - over-year base effects, setting the stage for a series of
looming inflation prints that are above the Fed's stated 2 % long - term inflation target.
CNBC's Dominic Chu takes a look at ETFs tracking the financial sector after today's
inflation print.