October payrolls came in strong
December rates still hinge on this CPI print
October CPI is expected around November 10
Markets are focused on the month-over-month figures
Consensus: headline around 0.24%, core around 0.2%
Year-over-year data will be missing this time
A gap left by last year's shutdown
The federal funds rate is still at 3.75% to 4%
FedWatch puts the odds of a December rate hike at around 75% to 80%
Strong jobs data alone isn't enough
If inflation firms up another notch
That December move will be even harder to avoid
A softer CPI would bring some relief at most
A firm reading is the real test
$BTC $BNB
#CPI outlook: December rate direction faces a key test #比特币 #Binance
December rates still hinge on this CPI print
October CPI is expected around November 10
Markets are focused on the month-over-month figures
Consensus: headline around 0.24%, core around 0.2%
Year-over-year data will be missing this time
A gap left by last year's shutdown
The federal funds rate is still at 3.75% to 4%
FedWatch puts the odds of a December rate hike at around 75% to 80%
Strong jobs data alone isn't enough
If inflation firms up another notch
That December move will be even harder to avoid
A softer CPI would bring some relief at most
A firm reading is the real test
$BTC $BNB
#CPI outlook: December rate direction faces a key test #比特币 #Binance
