CPI SHOCKWAVE IMMINENT. Fed on the edge.
The January US CPI YoY drops tonight. Previous was 2.70%. Expected is 2.50%. The MoM is also on deck. Previous was 0.3%. Expected is 0.3%. Goldman Sachs warns a hot CPI could force the Fed into a hawkish pivot. Polymarket odds are 96% for CPI YoY at 2.8% or less. This data is everything for markets. Do not miss this.
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