PremiumCPI Preview: Beware A Strong Inflationary Impulse
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One month after the September CPI unexpectedly came in hotter than expectations with core CPI printing at 3.3% vs the exp. 3.2% and headline CPI rising sequentially for a 52nd straight month...
... just as the Fed cut rates by a jump 50bps, traders are less concerned what the October inflation print will show on Thursday morning now that Trump is president and inflationary expectations have been throw in disarray, a function of what Trump's fluid policies will be starting January 20, 2025.