#CPIWatch
Inflation numbers are coming and everyone’s watching oil. 🛢️
Experts expected prices to go up about 0.6% this month, mostly because petrol and energy got more expensive. So a “hot” headline number wouldn’t surprise me.
What I’m really watching is the core number (it leaves out food and fuel). If it comes in higher than expected, the Fed might raise rates again, and bond yields will likely go up. If it’s low, things could calm down.
What do you think? Hot number or cooler than expected?
$BZ
$TMF
$TBT
Inflation numbers are coming and everyone’s watching oil. 🛢️
Experts expected prices to go up about 0.6% this month, mostly because petrol and energy got more expensive. So a “hot” headline number wouldn’t surprise me.
What I’m really watching is the core number (it leaves out food and fuel). If it comes in higher than expected, the Fed might raise rates again, and bond yields will likely go up. If it’s low, things could calm down.
What do you think? Hot number or cooler than expected?
$BZ
$TMF
$TBT