LAST important data before Fed rate decision tomorrow!

US CPI data

Expectations are positive (green box)

🔵 But Wells Fargo has diverged in the most important data

Core monthly data. I don't think 0.3 is too bad, but the chance of a surprise to the upside (negative) is higher.

Still, it doesn't put a 25bp rate cut in jeopardy.

DYOR! #Write2Win #Write&Earn