Premium Only Content

US Consumer Prices Blow Away Expectations, Rise For 27th Straight Month
#inflation #news #finance
US Consumer Prices Blow Away Expectations, Rise For 27th Straight Month
Expectations for a 0.1% MoM drop in CPI has set the squeeze-algos on fire in recent days as the small drop signals 'peak inflation' and goldilocks and a unicorn-filled Fed will step back and declare victory (with a lag).
Short-term interest-rates - however - have not been buying that dovish story, so how the market reacts to today's print will be fascinating given the technical background of extreme negative delta and positioning, and now momentum.
The market was pricing in a 90% chance of a 75bps hike by The Fed next week ahead of the CPI print.
Headline CPI came hotter than expected rising 0.1% MoM vs expectations of -0.1% MoM. That is the 27th straight month of rising inflation. And while the ascent in energy fizzled, with the energy index increasing 23.8% for the 12 months ending August, a smaller increase than the 32.9% increase for the period ending July, the big shock was the food index which increased 11.4% over the last year, the largest 12-month increase since the period ending May 1979, while the food at home index rose 13.5% the largest 12-month increase since the period ending March 1979.
-
1:21:25
vivafrei
3 hours agoJoey Swoll CANCELS Himself! Oprah Closing Roads for Tsunami Evacuees? Canada Can't Find Criminals?
61K22 -
1:47:35
Right Side Broadcasting Network
6 hours agoLIVE REPLAY: President Trump Delivers Remarks on Making Health Technology Great Again - 7/30/25
48.4K16 -
38:23
Members Club
2 hours ago $0.11 earnedShooter Strikes NYC, WNBA Wig Meltdown, and Sweeney’s Jeans Go Viral - MC05
2.73K3 -
33:41
The Finance Hub
4 hours ago $0.49 earnedBREAKING: NANCY PELOSI JUST GOT HIT WITH A MAJOR BOMBSHELL!!!
5.59K4 -
LIVE
LFA TV
21 hours agoLFA TV ALL DAY STREAM - WEDNESDAY 7/30/25
1,138 watching -
2:04:14
Pop Culture Crisis
3 hours agoOprah Tsunami BACKLASH, Billie Eilish RACIST? Joey Swoll BENDS THE KNEE | Ep. 888
22.3K7 -
1:22:25
The HotSeat
2 hours agoLibs Are BIG Mad Over New Commercials and The Fed Is Just Another Political Weapon
15.4K6 -
1:53:09
Film Threat
7 hours agoSAN DIEGO COMIC-CON! FANTASTIC FALL OUT FOR MARVEL | Hollywood on the Rocks
8.82K1 -
LIVE
The Nunn Report - w/ Dan Nunn
3 hours ago[Ep 717] NEVER Apologize to The Counterculture Mob! Be You, Be True | Oprah & “Elites” God Complex
113 watching -
1:38:10
The Quartering
4 hours agoKash Patel "Discovers" Secret FBI Files On Trump, NYC Shooter New Conspiracy, Planned Parenthood
131K21