🚨🇺🇲 CPI Data Preview – Key Points for Tomorrow:
Forecast: CPI y/y expected at 2.4%, matching last month's rate.
Truflation: Suggests lower inflation, indicating CPI may be overstated.
Shelter Costs: Still elevated at 4% YoY, a major inflation driver.
Services Inflation: Expected around 3% YoY.
Market Implication: Unless there's a notable downside surprise, don't expect markets to "explode." But if CPI confirms softening (especially closer to Truflation levels), a bullish market reaction is likely.
#CPI #Inflation #Markets
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