The Bureau of Labor and Statistics published a note that CPI weighting is now using different data (starting on 1 January 23). The change is expected to drop inflation by 200 to 300 bps. 🤣
This is a total set-up for them to pause rate hikes and allow global M2 to keep expanding. I suspect this is a very big development in the overall global macro momentum.
Here’s a link to the notice:
https://www.bls.gov/cpi/
preston
npub1s5…s6q7z
2023-01-14 16:53:51
Author Public Key
npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7zPublished at
2023-01-14 16:53:51Event JSON
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"content": "The Bureau of Labor and Statistics published a note that CPI weighting is now using different data (starting on 1 January 23). The change is expected to drop inflation by 200 to 300 bps. 🤣\n\nThis is a total set-up for them to pause rate hikes and allow global M2 to keep expanding. I suspect this is a very big development in the overall global macro momentum. \n\nHere’s a link to the notice: \n\nhttps://www.bls.gov/cpi/",
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