POPA ReconCPI DAY: INFINITYHEDGE
CPI DAY: INFINITYHEDGE Median Forecast: *headline: 0.38% vs 0.07% M/M prev. *headline: 3.4% vs 3.4% Y/Y *Core CPI: 0.22% vs 0.22% M/M *Core CPI: 2.4% vs 2.5% Y/Y Core MoM read: > 0.25%: hot 0.20 to 0.25%: in-line < 0.20%: cool *Nomura: ..pace of increase in consumer electronic prices appears to have slowed in Aug... This suggests inflationary pressure from global shortages of semiconductors was limited. *Citi: we expect our forecast for 0.18%MoM increase: the yoy reading falling to 2.3% will be a clear enough slowing in inflation that Fed officials will leave rates unchanged. *GS: - Loo…
The excerpt is quoted from a public Telegram channel, which owns its text.