Wednesday, June 11, 2025

CPI came benign ...

either folks are not buying imported stuff which also helps the trade deficit - two birds killed with same stone .. obviously energy being local is lower ..  so is food and apparel too . as some stupid commentators were worried about the price of T-shirts

fed left the rates unchanged

2 yr rates drop slightly to catch up further explained by the chief that market has moved ahead raising rates and not waiting for fed action...