First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/09/11/storm-clouds-are-gathering-003452
<p><img src='https://www.moneymetals.com/uploads/content/Storm-Clouds-Are-Gathering-Consumer-Price-Index-Report-CPI-Federal-Reserve-Brien-Lundin-Money-Metals-Exchange-min--1-.jpg'/></p>Because a benign CPI number today that was right in line with expectations essentially snuffed out any chance of the Fed cutting by a half point next week.