Hot core CPI (+0.3% MoM) virtually guarantees a September rate hike—sticky short-term inflation forces the Fed to prioritize pricing stability over cratering consumer sentiment. With 10-year yields nearing 5%, persistent inflation pressures continue to overshadow broader macroeconomic concerns.
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Featured☕️ [Task Coins Giveaway] Daily Market Talk — Hot CPI Pushes September Hike Odds Near 90%
US core CPI ran hot at +0.3% MoM (vs 0.2% expected), pushing September rate-hike odds from 69% to nearly 90% — Goldman's chief economist flipped his own call to a hike. The 10-year yield hit 4.957%, i...
