It’s finally behind us | TF Metals report

Today’s CPI finally threw the idea that Jerry will cut 50 basis points next week out the window. Over the last month, I told you that “the market” had to move past that idea and focus more on the fallout and the FOMC press conference next week. Maybe now we finally can?

And it’s not like the CPI report was terrible. It was mostly as expected. The “core” rate was a tick higher, and the “supercore” (whatever that is) was also higher….