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== CPI expectations == | == CPI expectations == | ||
June 2023 headline CPI is expected to , comps from June 2022 continue to be very high, but after July they start to decrease significantly. Core prices are expected to continue in the 5%+ range, and well above the FED targe. | June 2023 headline CPI is expected to continue lower, declining from 4.0% to 3.1% , comps from June 2022 continue to be very high contibuting to this big move, but after July they will start to decrease significantly. Core prices are expected to continue in the 5%+ range, and well above the FED targe. | ||
Some developments during the month: (more details: [[Consumer Price Index]]) | Some developments during the month: (more details: [[Consumer Price Index]]) | ||
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|'''Probability by Magaly''' | |'''Probability by Magaly''' | ||
|- | |- | ||
| | |CPI below 2.9% | ||
| | |4%+ rally | ||
| | |10% | ||
|- | |- | ||
|CPI | |CPI between 2.9 - 3.0% | ||
|2 | |1-2% Rally | ||
| | |25% | ||
|- | |- | ||
| | |CPI in line with expectations | ||
|Flat | |Flat | ||
| | |45% | ||
|- | |- | ||
|CPI | |CPI between 3.2% - 3.3% | ||
| | |2-3% drop | ||
| | |25% | ||
|- | |- | ||
| | |CPI above 3.3% | ||
|4% drop | |4% drop | ||
| | |5% | ||
|} | |} | ||