Swordsmyth
Member
- Joined
- Apr 14, 2016
- Messages
- 74,737
The normally crucial consumer price index measure of inflation printing today for March is likely to take a back seat to the next red flashing headline on tariffs on everyone's Bloomberg terminal, but under the hood - with the Trump Put now exposed - can a cooler than expected CPI print raise the Powell Put strike enough to enable a true tradable bottom here?
Having dipped lower in the previous month (following a few straight months of re-acceleration), expectations were for both headline and core measures to continue trending lower on a YoY basis... and they were.
Headline CPI FELL 0.1% MoM (vs +0.1% exp), which dragged the YoY CPI to +2.4%, matching the September lows...
More at:
www.zerohedge.com
Having dipped lower in the previous month (following a few straight months of re-acceleration), expectations were for both headline and core measures to continue trending lower on a YoY basis... and they were.
Headline CPI FELL 0.1% MoM (vs +0.1% exp), which dragged the YoY CPI to +2.4%, matching the September lows...
More at:
Code:
https://www.zerohedge.com/personal-finance/march-us-consumer-prices-fall-most-5-yearsMarch US Consumer Prices Fall Most In 5 Years | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
