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US CPI comes in "hotter than expected"
Posted on 5/14/24 at 8:05 am
Posted on 5/14/24 at 8:05 am
Just getting a jump on tomorrow's most repeated economic headline. 
***EDIT*** I jinked it. You're welcome.
***EDIT*** I jinked it. You're welcome.
This post was edited on 5/15/24 at 7:37 am
13
Posted on 5/14/24 at 8:10 am to Bard
Yep. Agree. Markets will shite the bed starting this afternoon if I had to guess.
Posted on 5/14/24 at 8:10 am to Bard
quote:
Just getting a jump on tomorrow's most repeated economic headline.
Are you clairvoyant?
I think you are correct FYI and we will see the Fed squirm even more trying to work out how they can get 3 rate cuts in this year.
Posted on 5/14/24 at 8:20 am to Bard
I think it will be the opposite
Im going with Morgan
Im going with Morgan
quote:
Elsewhere, Morgan Stanley declared, " The Descent Begins" The bank sees core CPI inflation coming in at 0.29% MoM in April, with the annual rate at 3.6% year-on-year (YoY).
"Core CPI inflation steps down in April with weaker services as the main driver," wrote the bank. "We expect weaker car insurance inflation, continued rents disinflation, and lower healthcare. In turn, core goods remain negative but less so on the back of less negative used car inflation."
Posted on 5/14/24 at 8:21 am to Bard
If they exclude food, housing, energy, and taxes it could be a low number.
Posted on 5/14/24 at 8:37 am to Bard
"Experts" really need to learn the difference between "expected" and "desired."
Posted on 5/14/24 at 9:24 am to Bard
Baw Powell been saying higher for longer for like over a year now, who's shocked by this
Posted on 5/14/24 at 9:27 am to Bard
Doubt it, it's all about the comps. I'm guessing it comes in below estimates.
And now that a thread like this has appeared on MT, maybe it's time to put money on that bet.
And now that a thread like this has appeared on MT, maybe it's time to put money on that bet.
This post was edited on 5/14/24 at 9:32 am
Posted on 5/14/24 at 9:40 am to Bard
If it's higher than expected this many months in a row then the people doing the expecting need to tighten up.
Posted on 5/14/24 at 9:42 am to Bard
quote:Isn't the number rolling off a pretty big one? So at the very least, isn't it likely to seem artificially as if it went down?
US CPI comes in "hotter than expected"
Posted on 5/14/24 at 12:10 pm to Bard
Posted on 5/15/24 at 7:43 am to Bard
Swing and a miss.
Posted on 5/15/24 at 9:38 am to Bard
quote:
"hotter than expected"
By whom? The average person can tell you this shite is flaming.
Posted on 5/16/24 at 7:28 am to Bard
Dup
This post was edited on 5/16/24 at 7:32 am
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