Core CPI 2.4%
Continuing the march to 2%.
No objective reason to hike. pic.twitter.com/CgICa6fHLi
— James E. Thorne (@DrJStrategy) September 11, 2026
Core CPI is at the lowest level since 2021. pic.twitter.com/C21HXAL1Me
— Geiger Capital (@Geiger_Capital) September 11, 2026
So, markets are up today even with oil and bond yields continuing to be high with a headline CPI print at 3.4%.
However, it seems like the reason for the market not reacting negatively is because Core CPI, which measures the change in consumer prices excluding food and energy,… pic.twitter.com/8sydjN7pi3
— amit (@amitisinvesting) September 11, 2026
🚨HUGE: 16 of 20 major Wall Street banks now expect the Fed to HIKE rates this month.
Three are calling for a 75 basis point increase, 11 for 50 basis points, and two for 25 basis points.
Only four disagree: HSBC expects a hold, Jefferies still sees a cut, and Morgan Stanley… pic.twitter.com/EJyzkMzb1B
— Coin Bureau (@coinbureau) September 12, 2026
If the Fed hikes the long end is going down
— Joseph Brown (@heresyfinancial) September 12, 2026
Goldman throws in towel on no rate hikes:
"We now expect a 25bp hike at the September FOMC meeting next week (vs. a hold previously). Additional hikes at later meetings are possible but are not our baseline. While today’s CPI report only raised our August core PCE forecast… https://t.co/qszSQ2luZi
— zerohedge (@zerohedge) September 12, 2026
THERE IS ABSOLUTELY NO CASE FOR HIKING RATES NEXT WEEK!
On the contrary!!!
In February 2001 – one month before the onset of the Recession – the Labor Market was stronger than today.
Much stronger. Larger job creation in a much smaller Labor force. Inflation was higher. And yet the Recession began the month after – in March 2001. And inflation plummeted – as it always does in recessions.
In November 2007 – one month before the onset of the Recession – the Labor Market was stronger than today (not as strong as 2001) – and inflation was higher. And yet the economy fell into Recession – the month after in December 2007. And inflation plummeted – as it always does in recessions.
Today – Long-term UNemployment is soaring. Job creation is terrible compared to the 2001 and 2007 scenario – and inflation is LOWER (only Core PCE is higher) – and people call for a Rate Hike….
A Rate hike next week will be a crime against the consumers – and the economy!
THERE IS ABSOLUTELY NO CASE FOR HIKING RATES NEXT WEEK!
On the contrary!!!
In February 2001 – one month before the onset of the Recession – the Labor Market was stronger than today.
Much stronger. Larger job creation in a much smaller Labor force. Inflation was higher. And… pic.twitter.com/wYLIigCr2p— Henrik Zeberg (@HenrikZeberg) September 12, 2026