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August CPI Inflation Expectations:

1. Kalshi: 2.5%

2. TD Securities: 2.5%

3. UBS: 2.5%

4. Citigroup: 2.5%

5. Barclays: 2.5%

6. JP Morgan: 2.5%

7. Goldman Sachs: 2.6%

8. Wells Fargo: 2.6%

9. Deutsche Bank: 2.6%

10. Morgan Stanley: 2.6%

11. Bank of America: 2.6%

The median August CPI expectation shows headline inflation at 2.6% and Core CPI inflation at 3.2%.

If CPI inflation comes in at 2.6% or lower, it will mark the lowest annual inflation rate since at least March 2021.

Tomorrow's CPI report should solidify a September rate cut.

If inflation is 2.5% or lower, it will mark the lowest inflation rate since February 2021.

A lower than expected reading could increase odds of a 50 bps cut.

Higher than expected inflation supports 25 bps


# 50 bps! Ready to Embrace Rally or Sell the News?

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