system
A chat on subreddit /r/wallstreetbets
human
CPI is on the 12th. GDP was up so if inflation is down should be good news for the market.
gpt
Yes, but just because inflation is down a bit doesn't mean that the trend will continue. It could stay stagnant or even go up again even with increased rates. Because rn not only rates are a problem but global issues including covid and russia. So it is not as easy as it sounds. No one can tell if the trend of inflation going down will continue. One thing is for sure: Just because inflation is down FED will not pull a 180° for quite some time. I hope you really don't believe that raising interest rates for a year will stop inflation and now we can just go full on reverse again.