CPI Madness

49
Wed, Oct 13, 2021 - 10:36am

It has been a wildly volatile morning following the release of the latest US Consumer Price Index. There's a lot to talk about so let's dig right in.

Let's start with the CPI, itself. As you'll see, the "transitory" narrative took another hit. Many were expecting at least a continuation of the previous levels but what we got instead was another uptick.

#NotTransitory

CPI 0.4%, Exp. 0.3%
CPI Core 0.2%, Exp. 0.2%...

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Key Economic Events Week of 10/18

10/18 9:15 ET Cap Ute and Ind Prod
10/19 8:30 ET Housing Starts
10/19 3:00 ET Goon Waller
10/20 1:00 ET Goon Quarles
10/20 2:00 ET Fed Beige Book
10/21 8:30 ET Philly Fed
10/21 10:00 ET LEIII
10/22 9:45 ET October Flash PMIs

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