🧵 CPI Tomorrow 8:30am EST (May) Headline total expected ~4.2% YoY (up from April’s 3.8% and March’s 3.3%), driven by energy. Core CPI likely flat-to-slightly higher at ~2.8-2.9% YoY (vs April 2.8%). Market impact on risk assets?? A hot print (esp. sticky core) =

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