💰 $FF /USDT
🔻 SHORT
✳️ ENTRY (Use DCA STRATEGY) : 0.168, 0.17, 0.173
🎯 TARGETS - 0.165, 0.16, 0.1534, 0.145, 0.13, 0.1180
🀄️ LEVERAGE - cross 15x
🔴 STOPLOSS - 0.175
CPI vs Rate Hike, Quick Take
Today's the day, August CPI drops at 8:30 AM ET, right before the Fed's Sept 15-16 meeting. Big deal timing-wise.
Quick context: July's headline was 3.4%, core 2.5% both still above the Fed's 2% target.
What's different this time: instead of cuts, we're actually talking hikes, thanks to lingering energy price pressure from the Iran conflict and tariffs. Estimates put August headline around 3.4% again, but the monthly jump could be sharper (0.4% vs July's 0.1%) due to...
🇺🇸 August CPI is due in a few hours, and coming a week after nonfarm payrolls beat, provides an important test of whether higher energy prices are feeding into core inflation.
Fed Chair Warsh has said the decision comes down to this print: a core reading broadly in line with expectations supports a hold, a surprise to the upside opens the door to a September hike. Waller has said much the same, and adds that stripping out the imputed non-market services component, underlying inflation already...