Fed's Waller was RIGHT ⚠️
He said: If Core CPI hits 0.3%, 50 bps hike should be considered.
Today's CPI just came in:
Headline: 0.4% vs 0.3% expected
Core: 0.3% vs 0.2% expected
Waller's trigger is HIT.
25 bps is now locked. 50 bps is now LIVE at 15% odds.
#Fed #FOMC #CPIdata #Inflationrate #FederalReserve
He said: If Core CPI hits 0.3%, 50 bps hike should be considered.
Today's CPI just came in:
Headline: 0.4% vs 0.3% expected
Core: 0.3% vs 0.2% expected
Waller's trigger is HIT.
25 bps is now locked. 50 bps is now LIVE at 15% odds.
#Fed #FOMC #CPIdata #Inflationrate #FederalReserve
