Early Morning with Dave

Early Morning with Dave

All Eyes on Today's CPI Report

The U.S. CPI data will provide a big test for the market’s call on a March rate cut.

David Rosenberg's avatar
David Rosenberg
Jan 11, 2024
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Highlights

  • Markets await today’s CPI release

  • Disinflationary impulse from rents finally getting noticed by the Fed

  • Technical recession is a virtual lock for Europe

  • Consumers shift spending from large discretionary items to essentials

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