It didn't go down as fast as people thought
Was definitely not a disinflationairy print.
Durable goods are reflating. Surprisingly even large ticket consumer discretionary started trending up again.
If oil spikes above 80, watch out, we will be printing 8%+ again.
Powells begining of disinflation comment starting to seem a little like his "transitory" one in late 2021.
Was definitely not a disinflationairy print.
Durable goods are reflating. Surprisingly even large ticket consumer discretionary started trending up again.
If oil spikes above 80, watch out, we will be printing 8%+ again.
Powells begining of disinflation comment starting to seem a little like his "transitory" one in late 2021.