Tag Archive for: CPI

Rates Shooting Way Up Soon – Here’s Why

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With respect to inflation, we could see an apparent “resurgence” tomorrow when Consumer Price Index (CPI) numbers are released. This is because the CPI report will be for July and the comparisons are year-over-year, meaning that July of 2023 will be compared to July of 2022. And because July of 2022 was a very low reading, July of 2023 could come in relatively high. This is precisely the opposite of what happened with May’s report, which compared a very high April of 2022 number to April of 2023.Read More

Inflation Down; Rates Down & More To Come; The Fed Does NOT Control Interest Rates

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Inflation (CPI) reports came in lower than expected yesterday – and that pushed rates lower because inflation expectations are probably the biggest single driver of interest rates. According to this […]Read More

Much Lower Interest Rates By March; Why & What It Means

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On Thursday, CPI (inflation data) came in lower than expected – and we saw one of the largest one-day rate drops ever. I of course blogged about it here: THIS […]Read More

Inflation RED HOT! Rates WAY UP! Relief On The Way?

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Today’s inflation report (Consumer Price Index/CPI) came in much hotter than expected and rates shot through the roof in response. BUT – as Barry Habib (of MBS Highway fame) has […]Read More