CME forecasters are looking for 2.7% today for the headline YoY CPI # and if it comes in lower than expected, J Powell should hand in his resignation this afternoon 😏 The Cleveland Federal Reserve and their Inflation Nowcasting have the entire Q2 coming in at a mere 1.60% for YoY CPI (2.5% for Q3) ... Powell should really be ashamed of himself with this kind of data and he is still sitting on his ass doing nothing.