#HotCPIDecemberHikePriced
Hot CPI just sealed it. October CPI came *+0.4% MoM vs 0.3% expected*, Core *+0.3% vs 0.2% expected* — third straight month at 0.3%. Shelter +0.3% drove 30% of the rise, food +0.5%, energy +0.7%. 78e8
*Market reaction is instant:*
Fed Governor Waller this morning backed 25bps in Dec, and said if core stays ∼0.3%, consider *50bps* — credibility at risk if only 25bps. After CPI, FedWatch jumped to *86% for 25bps + 13% for 50bps*. 2Y yield +12bps to 4.68%, DXY to 102.04, BTC slipped toward $74K, Nasdaq futures fell. f31ad638
*Candle Analysis:* Chart shows long red candle on hot CPI with volume spike — bearish engulfing, breakdown below support. DXY bullish.
*Next:* FOMC Dec 8-9. Debate now is 25bps vs 50bps, not hike vs hold.
#HotCPIDecemberHikePriced #BinancePick
Hot CPI just sealed it. October CPI came *+0.4% MoM vs 0.3% expected*, Core *+0.3% vs 0.2% expected* — third straight month at 0.3%. Shelter +0.3% drove 30% of the rise, food +0.5%, energy +0.7%. 78e8
*Market reaction is instant:*
Fed Governor Waller this morning backed 25bps in Dec, and said if core stays ∼0.3%, consider *50bps* — credibility at risk if only 25bps. After CPI, FedWatch jumped to *86% for 25bps + 13% for 50bps*. 2Y yield +12bps to 4.68%, DXY to 102.04, BTC slipped toward $74K, Nasdaq futures fell. f31ad638
*Candle Analysis:* Chart shows long red candle on hot CPI with volume spike — bearish engulfing, breakdown below support. DXY bullish.
*Next:* FOMC Dec 8-9. Debate now is 25bps vs 50bps, not hike vs hold.
#HotCPIDecemberHikePriced #BinancePick