October CPI Hides a Dangerous Signal! Core Inflation at 0.3% for Three Consecutive Months—What Does It Mean?

Overall inflation has cooled, but core inflation is like an employee who refuses to clock out!
U.S. headline CPI rose 0.4% month over month in October, down from 0.6% in September, which seems like an improvement. But core CPI rose 0.3% for the third consecutive month, and this reading was above market expectations.
This is what investors really need to pay attention to.
Food and energy prices are easily affected by short-term factors. Core CPI excludes these two categories, making it easier to track underlying price pressures.
If housing, medical care, insurance, and service prices keep rising, inflation could prove more stubborn than the market expects.
For the Federal Reserve, this means it cannot rush to celebrate a decline in headline CPI.
For BTC, expectations of looser financial conditions could take a hit; for U.S. stocks, high interest rates could weigh on valuations; for gold, inflation support and interest rate pressures will continue to pull in opposite directions.
There is another detail: because data collection was missing last October, officials could not publish some year-over-year inflation indicators this time.
So don’t focus only on 0.4%—what’s really worth tracking is whether core inflation can continue to come down. #每周来晒 and #美国10月CPI全面超预期
$Kioxia Holdings