97.1% odds of a 25bp cut next month (Dec 9) before today's CPI drop
But here's the thing—
If CPI comes in hot at 3.7% or lower (vs 3.9% expected), the entire rate hike forecast gets thrown out the window
Everyone's gonna have to recalibrate their models real quick
Market's basically holding its breath rn waiting for that number
One data point and the whole narrative flips 📉
But here's the thing—
If CPI comes in hot at 3.7% or lower (vs 3.9% expected), the entire rate hike forecast gets thrown out the window
Everyone's gonna have to recalibrate their models real quick
Market's basically holding its breath rn waiting for that number
One data point and the whole narrative flips 📉
