🚨CPI lands exactly as expected:
Headline: +3.4% YoY vs. 3.4% est.
Core: +2.5% YoY vs. 2.5% est.
That’s mildly bullish for bonds and rate-sensitive tech, but the print was largely priced in.
For now, the Fed is still expected to keep interest rates unchanged.
$APR $BEAT $PROM
#USJulyCPI&PPIDueThisWeek
Headline: +3.4% YoY vs. 3.4% est.
Core: +2.5% YoY vs. 2.5% est.
That’s mildly bullish for bonds and rate-sensitive tech, but the print was largely priced in.
For now, the Fed is still expected to keep interest rates unchanged.
$APR $BEAT $PROM
#USJulyCPI&PPIDueThisWeek