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Look at this shitcoin pumping on CPI, dumping on PPI per frontrunning the PCE via calculations only to then dump on retaildata blaming cold weather.
And Powell started this in his hearing, stating CPI was not that great but wait for PPI so that they can calculate PCE. It's like this faggot every few months lets loose another bullshit way to pump market and lower yields.
>CPI is bad
>CPI lower good
>CPI goes up
>Core CPI is coming down, that's good cause core cpi is inflation indicator
>Core CPI goes up
>actually we need PPI too
He also said longtermyields are not so much in the power of the Fed (in regards to housing since 10 and 30y yield matters here). But the fuckin yields dump on cold weather in expectation of cuts? Fed's mandate is inflation and employment, not retail sales.