The CPI is coming this evening
NY crude oil prices have been rising over the past few months
As crude oil is a major commodity input
the king of commodities
and the mother of commodities
it can still to a certain extent reflect inflation
So the seasonally adjusted CPI month-over-month rate at the end of August should be very unlikely to be lower than the previous value by 0.1
The expectation is 0.4
The August crude oil price won’t be much higher than July
So the seasonally adjusted CPI month-over-month rate at the end of August may be below expectations
The year-over-year CPI at the end of August after seasonal adjustment will cover the entire crude oil price movement from the bottom to the high point, with the previous value at 3.4 and the expectation at 3.4
The expected year-over-year rate is likely to be close to the expected value
Overall, the data trend should be mildly favorable or mildly unfavorable
The data should be close to expectations
Given crude oil’s current price, Trump should also come out to suppress crude oil and push the U.S. stock market down
So after today’s data is released
the market should rise #CPI数据来袭能否触发9月加息
NY crude oil prices have been rising over the past few months
As crude oil is a major commodity input
the king of commodities
and the mother of commodities
it can still to a certain extent reflect inflation
So the seasonally adjusted CPI month-over-month rate at the end of August should be very unlikely to be lower than the previous value by 0.1
The expectation is 0.4
The August crude oil price won’t be much higher than July
So the seasonally adjusted CPI month-over-month rate at the end of August may be below expectations
The year-over-year CPI at the end of August after seasonal adjustment will cover the entire crude oil price movement from the bottom to the high point, with the previous value at 3.4 and the expectation at 3.4
The expected year-over-year rate is likely to be close to the expected value
Overall, the data trend should be mildly favorable or mildly unfavorable
The data should be close to expectations
Given crude oil’s current price, Trump should also come out to suppress crude oil and push the U.S. stock market down
So after today’s data is released
the market should rise #CPI数据来袭能否触发9月加息
