Inflation has steadily decline

2023-05-10

Inflation has steadily declined but it is not even close to Fed's target of 2 percent. On top of that, the job market is still pretty strong. The Fed needs to make their decision whether they are gonna be stubborn to keep 2 percent as their goal even though that was just random number to begin with.

Sep. CPI: Will rate hike pause in November?

September headline CPI is 3.7%, slightly higher than consensus of 3.6%; core CPI is 4.1%, lower than previous data of 4.3%. ---------------------------- Any thoughts on the CPI data? Will rate hike pause in November? How to trade after the CPI report?

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