CPI Recap: Core Inflation Surges, Cementing a 75bps(+?) Fed Hike Next Month

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CPI Recap: Core Inflation Surges, Cementing a 75bps(+?) Fed Hike Next Month

In our CPI preview report, we noted that a hotter-than-expected US inflation reading, especially on the more predictive "core" (ex-food and -energy) reading, could put the proverbial nail in the coffin for another 75bps interest rate from the Fed to start next month. As it turns out, the market is suggesting that may not have […]

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Source: CPI Recap: Core Inflation Surges, Cementing a 75bps(+?) Fed Hike Next Month