Oddbean

lol... my CPI guess was... wrong! Core Inflation Rate MoM: 0.3% vs 0.2% (forecast) and 0.3% (prior) Core Inflation Rate YoY: 3.3% vs 3.2% (forecast) and 3.3% (prior) Inflation Rate MoM: 0.2% vs 0.1% (forecast) and 0.2% (prior) Inflation Rate YoY: 2.4% vs 2.3% (forecast) and 2.5% (prior) #macro That's what I get for making (another) public prediction. 😂 Ironically, my expectations for the USD, interest rates, risk assets, and #bitcoin may actually work out over the coming days/weeks because of another important data point... Initial Jobless Claims: 258k vs 230k (forecast) and 225k (prior) This gives the Fed the ongoing excuse to lower the Fed Funds rate as they turn their attention from inflation to employment. Regardless, that was fun. Onwards. ⚡ nostr:note1thhtvw0k3w7gyvu3g3xg7qu04mv8d0fec83cf42uaq8xunw0v4ksdd664v