BREAKING: September CPI inflation comes in at 3.7%, above expectations of 3.6%.
— The Kobeissi Letter (@KobeissiLetter) October 12, 2023
Core CPI inflation is at 4.1%, in-line with expectations of 4.1%.
We have PCE and PPI inflation rising with CPI inflation above expectations.
How can the Fed cut interest rates any time soon?
Says it all
https://twitter.com/laralogan/status/2091312077759562047/photo/1