1-yr CPI swaps are falling rather noticeably.. pic.twitter.com/BCqoN4fPRh
— Michael J. Kramer (@MichaelMOTTCM) November 19, 2025
Grok:
1-year CPI swaps are financial contracts betting on future inflation (Consumer Price Index). The rate falling means markets expect lower inflation over the next year—currently around 2.58%, down 3.26% recently. This could signal economic cooling, Fed policy impacts, or reduced price pressures. For context, check sources like Bloomberg or FRED for latest data.