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After The CPI: Hike 25, Pause Or Cut? Here Are Wall Street's Reactions

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And so the week's main event, the February CPI, has come and gone and while it wasn't "shockingly hot" - which would have sent stocks tumbling today - it was in line with elevated expectations, with core CPI coming in slightly above consensus. While most of the inflation was driven by shelter, accounting for over 70 percent of the headline increase, Powell's preferred "Supercore" metric (which excludes shelter and rent) rose to 0.5% from 0.36%, the highest since September.

ZeroHedge Opinion     Mar 14, 2023