Since July 2022, U.S. CPI records ATL.
Nevertheless, the Fed is still concerned about the inflation 😮💨 Pathetic..
Take a look at this table 🤔 The core CPI(Consumer Price Index) is lower than expected as well. Is it real that the inflation is coming? 🧐
Market participants have shifted their expectations for the next rate cut from this July to this September. Too late 😭