CPI Thursday

The PMs were chugging along just fine this morning...but then came the latest US consumer price index and now it's becoming more and more clear that The Fed is not going to be able to get inflation back to 2% anytime soon.

After yesterday's PPI, which remains high due to energy prices, it had to be expected that CPI would remain elevated, too...and it is....

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Key Economic Events Week of 2/19

2/20 10:00 ET LEIII
2/21 8:00 ET Goon Bostic
2/21 1:00 ET Goon Bowman
2/21 2:00 ET January FOMC minutes
2/22 9:45 ET S&P flash PMIs February
2/22 10:00 ET Home sales
2/22 10:00 ET Goon Jefferson
2/22 3:15 ET Goon Harker