Inflation Surprise! Markets Swerve Wildly as Core CPI Rises at Fastest Pace Since 1982

Oct 14, 2022

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Introduction

00:00 • 6min

Trade With 50% Lower Fees on FTX US

06:00 • 2min

CPI Index - The Fastest Rate of Core Inflation Since 1982

07:39 • 5min

The Fed Cares Zero About the Rest of the World

13:02 • 1min

Is There Anything That Wall Street Is Watching For?

14:26 • 3min

This episode is sponsored by Nexo.io, Circle and FTX US.

Today’s release of the September inflation numbers surprised economists with a larger-than-expected growth in inflation – particularly in the core inflation data on which the U.S. Federal Reserve focuses its decision-making. On today’s episode, NLW explores what markets had expected, how they reacted and what it means for what comes next.

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I.D.E.A.S. 2022 by CoinDesk facilitates capital flow and market growth by connecting the digital economy with traditional finance through the presenter’s mainstage, capital allocation meeting rooms and sponsor expo floor. Use code BREAKDOWN20 for 20% off the General Pass. Learn more and register at coindesk.com/ideas.

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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “The Now” by Aaron Sprinkle and “The Life We Had” by Moments. Image credit: Cemile Bingol/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.