The Kobeissi Letter|Jun 11, 2025 12:33
BREAKING: May CPI inflation rises to 2.4%, below expectations of 2.5%.
Core CPI inflation was 2.8%, below expectations of 2.9%.
For the first time since January 2025, headline CPI inflation is back on the rise.
Odds of the Fed cutting rates next week are down to 0%.
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