CPI 4.9% (est. 5.0%, prev. 5.0%)
Core CPI 5.5% (est. 5.5%, prev. 5.6%)
The market is reacting positively, but there is still a long way to go. The Fed's target is 2%.
A community member's personal view, not investment advice. Community Guidelines
FM
We're going downhill. Let's see what the Fed and rates say. And especially the markets
MD
I may be stirring up a discussion, but I find it strange. Yes, the numbers, the statistics, but... The US debt is at the ceiling. Everyone's talking about a recession and the markets are rising? I'm not saying it's bad but it feels like a bubble maybe, I keep expecting a move down but who knows, maybe I'm not waiting. :D :D
BC
I also agree expecting some downward movement. After all, you can't keep raising the cap indefinitely and Republicans are fundamentally opposed to raising the cap. So we'll see how this plays out.
BC
It's getting better and the numbers are looking better, but it's still a long run.