What seemed to be a normal week for markets changed to an extraordinary one last week after markets got the biggest across-the-board CPI miss in a year. And that gave traders the greenlight to declare that the US Fed’s fight against inflation was finally over.

Market watchers moved to ratchet up the likelihood of a cut, with the prospect of a cut by March soaring. 

So are we now done with rate hikes? 

On Money in the Market, Hongbin Jeong speaks to Laurent Lequeu, Head of Portfolio Management & Research at Lumen Capital Investors, to find out whether we can expect multiple rate cuts next year.