BREAKING: December CPI inflation rate RISES to 3.4%, above expectations of 3.2%.
Core CPI inflation fell to 3.9%, above expectations of 3.8%.
This is the 33rd consecutive month with inflation above 3% and first jump since September.
Can the Fed really pivot right now?
— The Kobeissi Letter (@KobeissiLetter) January 11, 2024
Breaking down the CPI report and laying out why it's important.
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Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.
So the report provides information on the…
— Pursuing Freedom (@PursuingFreed0m) January 11, 2024
Every generation has its own bubble, human nature doesn’t change, only the bubbles change pic.twitter.com/YJF5uiMV6N
— Michael A. Arouet (@MichaelAArouet) January 11, 2024