CPI Big Picture: Discretionary Pullback, Gasoline Deflation & Fed Impacts

"I feel like a cat trying to chase a laser pointer" following inflation developments, says Eric Pachman. He isn't worried about future CPI prints after today's report but notes gasoline's deflationary moves as signs of a pinched consumer. Sarah Foster agrees, adding that there are other signals pointing to discretionary spending pullback. They also turn to inflation's impact on the Fed's interest rate path.

The Watch List

13 May 2025

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