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CPI 3.0% Markets Rally

CPI 3.0% Markets Rally

Technical charts

Mike Agne's avatar
Mike Agne
Jul 12, 2023
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Magnelibra Trading & Research
Magnelibra Trading & Research
CPI 3.0% Markets Rally
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Ok so the number was a whisper below expectations and the markets liked it, as Headline CPI came in at 3.0% MoM vs 3.1% exp and Core dropped to 4.8% YoY:

Source: Zerohedge

With the money supply post co…

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