Not quite sure what you're referring to. Reported CPI year
over year for July was 2.9%; CPI year over year for August was
2.5%. That's a fairly low number considering CPI peaked at
9.1% in 2022. If you feel the numbers aren't to be trusted,
that's different and you wouldn't get an argument from me.
But as presented, the August CPI reported a few days ago does
not appear to be high.
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What am I missing with
Fed fund futures now pricing in 40% chance of 50 ...
Posted by steveo on 13th of Sep 2024 at 12:45 am
What am I missing with the high CPI, that should point at tighter interest rates?
Not quite sure what you're
Posted by RichieD on 13th of Sep 2024 at 07:45 am
Not quite sure what you're referring to. Reported CPI year over year for July was 2.9%; CPI year over year for August was 2.5%. That's a fairly low number considering CPI peaked at 9.1% in 2022. If you feel the numbers aren't to be trusted, that's different and you wouldn't get an argument from me. But as presented, the August CPI reported a few days ago does not appear to be high.