📈 CPI OUT 8:30 AM

Here are the numbers to watch

CPI Release

CPI releases at 8:30 AM. This is one of the most important CPI readings we have had in a while and it has the potential for violent moves in the market.

Numbers to Watch

What you’re going to focus on is the core inflation rate month over month.

Our previous reading was 0.4% and our estimated reading this month is 0.3%.

Any number 0.3% or below is going to rip the market. Investors have been nervous based on other data released so an in line number or better should bring investment back into the market.

Anything above 0.3% will be bearish for the market. This will be seen as disappointing data and will decrease the likelihood of rate cuts.

Watch my video where I go through all of the scenarios and what to look out for: