đš FED ALERT | CPI UNDER THE MICROSCOPE đ
đŁïž Fedâs John Williams just sent a clear signal:
He warned that the latest CPI data may be slightly understated â meaning real inflation pressures could still be lurking beneath the surface.
đ Why this matters:
â ïž If inflation isnât truly under control, the Fed has less flexibility
âł Rate cuts may stay slower and more cautious
đ Market optimism around quick easing could be premature
đ Market Impact:
âą đ Rate-cut expectations remain fragile
âą đȘïž Volatility stays elevated
âą đ§ Markets turn ultra data-dependent
đ What to watch next:
đ Inflation prints
đ Labor market data
âĄïž One upside surprise can reset expectations fast and reprice risk assets
đ§© Bottom Line:
Confidence is thin. Positioning is sensitive.
The margin for error is razor-thin â and the market knows the full story isnât visible yet.
⥠Stay sharp. Stay selective.



