Lets see where the 10 year yield closes today since thats the treasury that matters most. This was a big surprise on the core.
and still prices fluctuate up and down like they do every day no matter what .. look a monkey died in a zoo today - let's discuss how that will impact demand globally on the banana market.
I was expecting a bigger impact. Likely markets treated this like «consumer prices not much increased”. I would be very cautious about it
No matter how much data comes out they will still talk about how they want the new additional data they need to make the rate cut decision... Funny how markets were expecting 5 to 6 cuts ...now they are lucky to get 2....maybe just 1
Shelter is 40% factor of CPI index. High federal rate one of the reasons why housing still on stagnate stage. Reducing federal rate by 100 points will improve housing and therefore reduce the inflation. Jerome P., does not get it Reducing by 25 or even 50 won’t help.
The big move in PPI was mostly in the services component which is not affected by tariffs. The biggest move in services was in portfolio management; up 5.8%. Only area really hit in goods was fresh vegetables; up over 37%. Fuels like Diesel and Airplane fuel were up over 11%.
You're delusional reducing rates contributes to higher inflation. Forget your Trump talking points and leave the economic theory to the experts.
That is what stubborn JP is stating. Even to reduce 25-50 will do nothing. Believe it or not inflation will go up and down and nothing will change. This is not about Trump, this is about economy. Do you know how much you need to get stuff in your house. You don’t get it, toooo bad. And please, don’t name someone “delusional” if it opposite to your opinion. Improving housing will improve inflation - its has 40% negative impact to the CPI.