Come and read the CPI interpretation (Part 2)
It stands to reason that today's data will show a big increase and then fall back.
However, the market did not, proving that investors are still very calm.
Why did the broad CPI drop so much?
There is only one reason, recession!
Only recession can significantly reduce inflation. If you have different opinions, you can refute me at any time. Let's learn from each other.
The still stubborn core CPI is the root cause. This time it exceeded expectations and it will give the Federal Reserve a headache. After raising interest rates once, it should be suspended, and then there will be a long high interest rate environment, which is the most terrible beginning.
When the interest rate cut begins, it means that the recession is already obvious and has to be cut. If you don't adjust it, you won't be able to wear your pants.
Overall, it's good news, but the recession is still there.
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