MBCC TH 13th September'23 - "All eyes on the CPI inflation today, so what will it be?"

As we head into the August CPI print for US, as shown above, the street expects about 0.2% CPI m/m and 4.3% y/y. The previous number is shown on the right hand side, and this is what the market expects - moderation!

We take a look at what our cross asset indicators are telling us…what can we expect? What can the Fed do and what is priced in for equities/risk assets?