🚨 THIS IS GETTING UGLY US
The worst possible welcome gift for a new Fed Chair.
📈 CPI rises to 3.8% — highest in 3 years
📈 Core CPI hits 2.8% — highest in 8 months
Both Trump and Warsh pushed for rate cuts but inflation may have just killed that idea.
💥 Rate cut odds collapse below 3%
⚠️ Rate hike odds jump above 35%
If the Fed is forced to hike again to fight inflation, markets could face serious pressure. 👀