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De verwachtingen voor de NY-prijs zijn gestegen. Dit is nu 64,2, omhoog van 58,7. De drie opeenvolgende dalingen zijn vanmorgen doorbroken.
12 aug, 02:20
Tomorrow is CPI day; the consensus is +2.8% YoY, up from 2.7% last month. I have no strong opinion on this specific print.
However, in trying to gauge inflation around Christmastime or spring 2026, I want to show you this chart. On Friday we get Empire Manufacturing. Prices Paid Expectations has witnessed 3 consecutive declines from the April tariff hysteria peak. This appears to be a cap on inflation.
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