The LAST important data before the Fed's interest rate decision is tomorrow!
US inflation data (CPI)
đą Expectations are positive (green box)
đ” But Wells Fargo has diverged in the most important data
Monthly core data. I don't think 0.3 is too bad, but the probability of a possible surprise being upward (negative) is higher.
Still, it doesn't jeopardize the 25bp rate cut.
