2min chapter

Forward Guidance cover image

Everything You Need To Know About The Fed’s Meeting | Danielle DiMartino Booth

Forward Guidance

CHAPTER

What's Your Outlook for Tomorrow's Inflation Reading?

Jay Powell's speech and answers to reporters will depend upon tomorrow's inflation reading. The forecast, median forecast is I think 0.3 percent month over month for headline and 7.3 percent year over year for headline as well. So you could certainly see that headline come down hard because of energy prices but rents and shelter CPI extremely sticky.

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