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Hi Team

The tone has changed from Headline to Core aka moving the goalposts.  

Many believe the headline will stay the same at 8.3% ( so don't talk about it) 

Core will fall to 5.9% [Note Core Excludes Food and Energy - which are both rocketing right now so pls look away]

If the headline is above 8.3 or the core above 6.1 markets will tank. 

My 2 cents. 

Comments

Anonymous

I’ll buy that for a dollar! 😃

Anonymous

Does anyone understand the implications of the core inflation rate (monthly I think) rising only .6?