It’s not that far off, but we will see on Thursday
by DBCooper (2024-02-26 19:57:52)

In reply to: Inflation as a relative metric may have been tamed  posted by El Kabong


PCE comes out and that is more important than CPI.

I would not get too freaked out about Januarys CPI. January tends to have some weird seasonality that makes it a bit volatile compared to expectations (especially in jobs numbers). Doesn’t mean you discount it, but wait to see a little more evidence first before becoming worried.