The Kobeissi Letter
The Kobeissi Letter|Feb 11, 2025 18:10
January CPI Inflation Expectations: 1. Kalshi: 2.9% 2. Bank of America: 2.8% 3. Barclays: 2.9% 4. BNP Paribas: 2.9% 5. Citigroup: 3.0% 6. Goldman Sachs: 3.0% 7. Moody's 2.8% 8. Morgan Stanley: 2.9% 9. UBS: 3.0% 10. Wells Fargo 2.9% @Kalshi's prediction markets expect 2.9% as the headline number and have accurately predicted 6 of the last 7 CPI numbers. A CPI reading above 2.9% would mark the 4th consecutive monthly increase. Inflation remains in the spotlight.
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