❗️US Macro — CPI
MoM = +0.6% (expected +0.5% / previous +0.4%)
YoY = +3.7% (expected +3.6% / previous +3.4%)
Core CPI
MoM = +0.3% (expected +0.2% / previous +0.3%)
YoY = +2.6% (expected +2.4% / previous +2.4%)
Inflation higher than expected
🩸The initial market reaction is as expected; meanwhile, expectations of a Fed rate hike in October are rising.
Awaiting the opening of the New York session.
MoM = +0.6% (expected +0.5% / previous +0.4%)
YoY = +3.7% (expected +3.6% / previous +3.4%)
Core CPI
MoM = +0.3% (expected +0.2% / previous +0.3%)
YoY = +2.6% (expected +2.4% / previous +2.4%)
Inflation higher than expected
🩸The initial market reaction is as expected; meanwhile, expectations of a Fed rate hike in October are rising.
Awaiting the opening of the New York session.
