Founders: CPI pre-prep

Bets on a low Print

Why Next Week's CPI Number Will Be A Big Miss

Zerohedge

Just after last month's CPI print, which came in hotter than median estimates for the 5th month in a row...

... the market more or less capitulated on hopes for a near-term rate cut, and trimmed expectations for easing to just over 1 cut, some time in late 2024. But with elections coming up and the Fe…