🚨 CPI released!!!
CPI YoY: 3.4%, in line with expectations
CPI MoM: 0.4%, in line with expectations
Core CPI MoM: 0.3%, hotter than expected!
On the surface, both CPIs are in line with expectations, but the core inflation is clearly more stubborn. Combined with yesterday’s PPI, this inflation backdrop really doesn’t look good.
Well, that’s that 😂
The market’s expectations for a rate cut in September are once again being suppressed, and rate-hike expectations are directly heating up even further!
Next week, this Fed cut… might really be coming……
September rate-hike expectations: cranked up to the max!!!
$RAYSOL $AAPL.US $LSK
#trump #cpi
CPI YoY: 3.4%, in line with expectations
CPI MoM: 0.4%, in line with expectations
Core CPI MoM: 0.3%, hotter than expected!
On the surface, both CPIs are in line with expectations, but the core inflation is clearly more stubborn. Combined with yesterday’s PPI, this inflation backdrop really doesn’t look good.
Well, that’s that 😂
The market’s expectations for a rate cut in September are once again being suppressed, and rate-hike expectations are directly heating up even further!
Next week, this Fed cut… might really be coming……
September rate-hike expectations: cranked up to the max!!!
$RAYSOL $AAPL.US $LSK
#trump #cpi
