Core CPI

Core CPI is CPI with food and energy removed, the volatile parts that interest rates cannot fix. The market often trades core over headline because it shows the inflation the Fed has to answer, and a hot core print reprices the next Fed meeting within a second.

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In MochaLearnSee how the Fed moves US markets in MochaLearn
  • CPICPI, the consumer price index, is the monthly US measure of what a basket of goods and services costs households…
  • Average hourly earningsAverage hourly earnings is the wage growth number in the US jobs report. Wages are the bridge from jobs to prices…
  • PCEPCE, the personal consumption expenditures price index, is the inflation measure the Fed targets at 2%, published by…
  • 2-year Treasury yieldThe two-year Treasury yield is the bond market's bet on where the Fed will hold rates over the next two years, so it…
  • Dot plotThe dot plot is the chart of where each Fed official expects the policy rate to be over the next few years, one dot…
  • Crude oil (WTI vs Brent)Crude oil trades as two benchmarks: WTI at the Cushing pipeline hub on NYMEX, and Brent at sea on ICE, which prices…

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