The Macro Trading Floor cover image

Jurrien Timmer: The Trade For A 2023 Recession

The Macro Trading Floor

00:00

Is There a Slowdown in Core Inflation?

The weights used to calculate the CPI were updated in January this year On the back of a very material change in consumption patterns through the pandemic So every single goods category Had an uptick in terms of the importance in the CPI index. Right now it's very clear that we see disinflation in goods And that move will basically be emphasized by the updated weights from January Um because they base the calculations on a consumption basket from the pandemic Which was not a normal consumption basket.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app