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Consumer Price Index:Historical Releases/2023 June: Difference between revisions
Consumer Price Index:Historical Releases/2023 June (view source)
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After CPI numbers, the probably of a hike in July actually went up to 95%, but a second hike after July is now more in question. <ref>https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html?redirect=/trading/interest-rates/countdown-to-fomc.html</ref> | After CPI numbers, the probably of a hike in July actually went up to 95%, but a second hike after July is now more in question. <ref>https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html?redirect=/trading/interest-rates/countdown-to-fomc.html</ref> | ||
Key Takeaways from June CPI numbers: | |||
* Shelter CPI starts to reflect the lags, and its rate of inflation has started to come down . We have to remain cautios with shelter CPI, as long as housing prices continue to increase. . | * Shelter CPI starts to reflect the lags, and its rate of inflation has started to come down . We have to remain cautios with shelter CPI, as long as housing prices continue to increase. . | ||