CPI Pi

After a crazy weekend and Monday, it's almost sort of refreshing to have a day that's just the same old riggamaroll. Today brought the latest update on US inflation at the consumer level...the CPI. Though the report still shows an elevated level of inflation, it actually revealed the smallest year-over-year number since September of 2021.

So I suppose that's some sort of "victory", right? Maybe Powell is happier and relieved this morning as he suddenly has the proverbial bigger fish to fry, at present. And again, keep in mind that the YoY number is like a moving average of the...

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Key Economic Events Week of 9/25

9/26 8:30 ET New Home Sales
9/26 9:00 ET Case-Shiller home prices
9/26 10:00 ET Consumer Confidence
9/26 1:30 ET Goon Bowman
9/27 8:30 ET Durable Goods
9/28 8:30 ET Q2 GDP final guess
9/28 1:00 ET Goon Cook
9/28 4:00 ET Chief Goon Powell
9/29 8:30 ET PCE and Core PCE
9/29 8:30 ET Personal Inc and Spend
9/29 10:00 ET UMich sentiment

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