So inflation went up from 3.6% to 3.8%, is above the target ...
So inflation went up from 3.6% to 3.8%, is above the target of 2-3% and there is pressure for multiple cuts? The only pressure is from the media who need something to write about. Low rates are gone and higher rates are here to stay for a while. And they aren't that high. If anything i'd wonder whether they're considering if they need one more rise.
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