Good chance we get a negative print, looks like that's the consensus from the market this month tho, so we still might have an underside surprise that the markets will like but I am not as long as I was last cpi print. Might need a month more for oil and used car prices to filter into the official number.
The Fed seems like they have their eyes set on a 4.0 terminal rate and won't be stopping until they get there or something breaks...
Mr Market says there is an 88% chance for another 75bps. Either way we are moving closer to the end of this hiking cycle thank .