Survey says……6.5% YoY! That’s right folks, CPI continues to trend in the right direction and reports in line with estimates. Traders have been waiting with bated breath since the beginning of the new year, hoping to see a CPI print that could bring some positive energy back to the markets. While today was a welcomed improvement in CPI, most were hoping to see it come in below estimates and the market’s reaction was in line with these expectations. On top of the data, we heard from multiple Fed speakers today.
The content on this site is available to all Redburn clients as part of Redburn Execution’s standard service. It is not considered substantive research and there are no commercial implications to viewing these pages.
Please enter your email address below to view this page. If you are still unable to access the page, please speak to your account manager.