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Sept. CPI released and Wall Street is not happy
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💡Summary: The Fed released September CPI, showing slightly higher month-over-month price inflation of 3.7% compared to an expected 3.6%. Show More
💡Summary:
The Fed released September CPI, showing slightly higher month-over-month price inflation of 3.7% compared to an expected 3.6%.
Core CPI, excluding gas and food, was at expectations, month-over-month and year-over-year.
Core CPI (YoY) (Sep) Actual: 4.10% Expected: 4.10% Last Months: 4.30%
Core CPI (MoM)(Sep)Actual: 0.30% Expected:0.30% Last Months: 0.30%
CPI (YoY) (Sep) Actual:3.70% Expected:3.60% Last Months: 3.70%
CPI (MoM) (Sep) Actual: 0.40% Expected:0.30% Last Months: 0.60%
The Consumer Price Index (CPI) measures the change in the price of goods and services from the consumer's perspective. It is a key way to measure changes in purchasing trends and inflation.

The Core CPI measures changes, excluding food and energy. A higher-than-expected reading should be taken as positive/bullish for the USD, while a lower-than-expected reading should be taken as negative/bearish for the USD. In inflation times, a high CPI means the Fed may raise rates, which cuts back the economy from growing.

After the news, the market declined, on fears that inflation is still running too hot. The news joins the fear of war in the Middles East as yet another weight on U.S. equities. Bloomberg reported the release halted a four day advance in the S&P 500, a drop in Treasuries. Friday, JPM and Wells Fargo will start the banking sectors quarterly results, and the financial giants are already pulling back.
🎙️Q:
1. How are you hedging your investments when inflation is not showing signs of stopping?
2. Will the Fed Raise rates next month?

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