Inflation is Slowing Down, but Recession Risks Loom
investorscompass.substack.com
Today’s unsurprising CPI report sent stocks higher, as inflation is slowing down, but recession risks loom. All of today’s inflation measures came in as expected: CPI (YoY): 6.5% CPI (MoM): -0.1% Core CPI (YoY): 5.7% Core CPI (MoM): 0.3% It's good to see that YoY CPI inflation has been slowing down since its 9.1% peak last summer, while the MoM figure turned negative for the first time since mid-2020.
Inflation is Slowing Down, but Recession Risks Loom
Inflation is Slowing Down, but Recession…
Inflation is Slowing Down, but Recession Risks Loom
Today’s unsurprising CPI report sent stocks higher, as inflation is slowing down, but recession risks loom. All of today’s inflation measures came in as expected: CPI (YoY): 6.5% CPI (MoM): -0.1% Core CPI (YoY): 5.7% Core CPI (MoM): 0.3% It's good to see that YoY CPI inflation has been slowing down since its 9.1% peak last summer, while the MoM figure turned negative for the first time since mid-2020.