For the millionth time, your bullish case for rate cuts due to a 2.4% CPI vs a 2.5% estimate is invalid. Fed doesn’t use CPI, they use PCE, which has been trending in the bearish direction as far as rate cuts go.
For the millionth time, your bullish case for rate cuts due to a 2.4% CPI vs a 2.5% estimate is invalid. Fed doesn’t use CPI, they use PCE, which has been trending in the bearish direction as far as rate cuts go.