Author: PSE Trading Trader @MacroFang CPI MoM +0.4% (Actual), +0.3% (Expected)Inflation Still Heated, But Core CPI In-line!Though CPI (+0.4%) MoM was above the expected +0.3%, Core CPI (+0.3%) remained in-line with expectations According to data from the Bureau of Labor Statistics, the core consumer price index (CPI), which strips out food and energy costs, rose by 0.3% in September. This core CPI is regarded by economists as a superior indicator of underlying inflation dynamics compared to t...
