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Pierrick
@pierrick
Our target inflation is supposed to be 2%. US CPI is 3.3% YoY, 3.4% was expected. Only a 0.1 % difference and yet people are already talking about a rate cut and market rallied... How does this make any sense?
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Thomas
@aviationdoctor.eth
CPI is a lagging indicator, so presumably we need to trigger a cut *before* posting 2%? Assuming the trend toward lower inflation is clear enough
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androidsixteen
@androidsixteen.eth
Anchoring is a helluva drug When the market is this reactionary, it's generally in a more manic state than ideal
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