The Kobeissi Letter (@KobeissiLetter) on X

This is unprecedented: Core CPI inflation is back above +3% and PPI inflation is at its hottest since March 2022. Meanwhile, President Trump is calling for a 300 BASIS POINT rate cut and is set to replace Fed Chair Powell. Are you ready for what's next? (a thread)

X (formerly Twitter)
The Kobeissi Letter (@KobeissiLetter) on X

This is unprecedented: Core CPI inflation is back above +3% and PPI inflation is at its hottest since March 2022. Meanwhile, President Trump is calling for a 300 BASIS POINT rate cut and is set to replace Fed Chair Powell. Are you ready for what's next? (a thread)

X (formerly Twitter)
z flip for style (shot on iphone because apps are better developed) #MakeInflationGreatAgain