
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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