March was another month of inflation growth – and some have feared a negative response.
The opposite has happened, and our friends at ETF.com believe ETFs have in fact reacted positively to a lower-than-expected core CPI figure.
In their recent article, they share, “Investors seem to be betting that the lower core CPI figure is a signal that inflation, while still high, is likely to not go much higher and will reduce the pressure to tighten monetary policy.”
Additional insights can be found here.