CRB stands for “Commodity Research Bureau,” which is a widely followed index that tracks the prices of various commodities. It includes 19 commodities in its index.
Just as Powell gets dovish, the CRB index is within 1% of its highest close since August 2022. pic.twitter.com/xqYwUYZrmV
— Peter Boockvar (@pboockvar) March 26, 2024