A surge in market volatility triggered by a widely circulated economic chart has led traders to scale back expectations for additional interest rate hikes by central banks. The figure, which depicts a sharp divergence between inflation and wage growth, has sparked concerns over potential economic slowdown risks. Analysts suggest the data may signal diminishing pressure on policymakers to tighten monetary policy aggressively. Investors are now reassessing their positions as the chart challenges prevailing assumptions about future rate movements.
Figure prompts traders to rein in bets on further Fed rate rises
