đ„ #CPIWatch: Hike or Hold?
The U.S. jobs report came in hot: August nonfarm payrolls rose 162K vs. ~53K expected, keeping the labor market resilient.
Now the inflation picture has landed too: August CPI rose 0.4% MoM and 3.4% YoY, while core CPI increased 0.3% MoM and 2.4% YoY. Markets are now pricing a much higher probability of a Fed hike at the Sept. 15â16 meeting.
My take: The stronger jobs data + sticky inflation tilt the setup hawkish. A 25-bp hike looks increasingly plausible, though the Fed still has to balance inflation against broader economic risks.
đ Bullish or bearish? Whatâs your view on stocks and gold heading into the decision? Share your market take and trade idea in the trade-sharing widget.
For discussion only, not financial advice.
#CPIWatch #Fed #NFP #Inflation #Stocks #Gold #Markets
The U.S. jobs report came in hot: August nonfarm payrolls rose 162K vs. ~53K expected, keeping the labor market resilient.
Now the inflation picture has landed too: August CPI rose 0.4% MoM and 3.4% YoY, while core CPI increased 0.3% MoM and 2.4% YoY. Markets are now pricing a much higher probability of a Fed hike at the Sept. 15â16 meeting.
My take: The stronger jobs data + sticky inflation tilt the setup hawkish. A 25-bp hike looks increasingly plausible, though the Fed still has to balance inflation against broader economic risks.
đ Bullish or bearish? Whatâs your view on stocks and gold heading into the decision? Share your market take and trade idea in the trade-sharing widget.
For discussion only, not financial advice.
#CPIWatch #Fed #NFP #Inflation #Stocks #Gold #Markets
