top of page
control884

CPI tough path ahead

After the good news yesterday on the inflation front, eyes are on the next data point to see if inflation continues to recede and the #fed can change policy, and stop hiking rates. The not so good news is that precisely because June 2022 was the peak for cpi, the next few months will have a tougher comparison, and we could see a spike on cpi. As you can see in the chart below, unless cpi monthly growth stays below 0.2%, the overall index will show a YoY increase, which may give the fed enough reasons to hike twice or even more. On the core cpi front, the #shelter component is the one that can help bringing down the index and help with interanual comparisons.


Want to know more? join Fund@mental here https://apps.apple.com/us/app/fund-mental/id1495036084



Chart source: BoA research.



18 views0 comments

Recent Posts

See All

Comments

Rated 0 out of 5 stars.
No ratings yet

Add a rating
bottom of page