"Sticky CPI" came in at 4.1% which looks like it was a big
relief to the market which has to be worried the US is going to
follow China down the deflationary path. The chart looks to be
flattening now as opposed to continuing to fall. The print marked
the bottom today, along with a demand zone.
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Atlanta Fed just came in
Keep in mind how the game has been played recently. ...
Posted by bthefnd on 11th of Sep 2024 at 11:00 am
Atlanta Fed just came in with a hot inflation print. Market found some footing...at least temporarily.
"Sticky CPI" came in at
Posted by bthefnd on 11th of Sep 2024 at 11:50 am
"Sticky CPI" came in at 4.1% which looks like it was a big relief to the market which has to be worried the US is going to follow China down the deflationary path. The chart looks to be flattening now as opposed to continuing to fall. The print marked the bottom today, along with a demand zone.