CPI just dropped exactly as expected:
Headline YoY: 3.4% (down from 3.5%)
Core YoY: 2.5% (down from 2.6%)
Inflation's cooling off and there's zero chance Warsh hikes rates right now. The data's literally screaming "don't tighten" lol
Anyone still betting on rate hikes is fighting the tape at this point 📉
Headline YoY: 3.4% (down from 3.5%)
Core YoY: 2.5% (down from 2.6%)
Inflation's cooling off and there's zero chance Warsh hikes rates right now. The data's literally screaming "don't tighten" lol
Anyone still betting on rate hikes is fighting the tape at this point 📉