NBS on Nostr: CPI data released this morning, in line with expectations. CPI growth year-over-year ...
CPI data released this morning, in line with expectations. CPI growth year-over-year seems to be leveling off at a low now, which is unsettling for the soft landing crowd.
Markets pretty unchanged after the data, but this could potentially make the Fed nervous about future aggressive cuts given inflation growth seems to be bottoming.
Caveat to all of this is the fact that this data is pretty manufactured and not reflective of reality, but the market trades off of it so it’s important to watch.
Markets pretty unchanged after the data, but this could potentially make the Fed nervous about future aggressive cuts given inflation growth seems to be bottoming.
Caveat to all of this is the fact that this data is pretty manufactured and not reflective of reality, but the market trades off of it so it’s important to watch.