@KobeissiLetter Yesterday's hold looks a lot more like a pause button now.
Reply to @KobeissiLetter: BREAKING: US Septe | Hanami
@KobeissiLetter Yesterday's hold looks a lot more like a pause button now.
Reply to @KobeissiLetter: BREAKING: US September PCE inflation, the Fed's preferred inflation metric, rises to 3.6%.
Core PCE inflation also rose to 3.1%, up +0.3% month-over-month.
This officially confirms that CPI, PPI, and PCE inflation are all rising again.
A December rate hike is coming.