October CPI just dropped: +0.4% month-over-month, hotter than the expected +0.3%
Inflation's not cooling as fast as the Fed hoped. This complicates the rate cut narrative heading into year-end. Bond yields are probably twitching right now.
Pre-market's gonna be interesting. Watch how traders price in December Fed moves after this print.
Inflation's not cooling as fast as the Fed hoped. This complicates the rate cut narrative heading into year-end. Bond yields are probably twitching right now.
Pre-market's gonna be interesting. Watch how traders price in December Fed moves after this print.
