The tweet was deleted by the author.
But we saved everything 🙂.
Dario Perkins questions the logic behind sharp market reactions to small changes in monthly inflation rates.
He points out that a shift from 0.2% to 0.3% inflation month-over-month appears to trigger significant policy discussions about interest rate hikes by the Federal Reserve, raising concerns about the sensitivity of such responses.
View post on X Loading...
Perkins has previously examined factors that may affect policy decisions. He recently highlighted lingering seasonality in core CPI data after COVID in a post that suggested this could impact the outlook for a September rate hike (see article). The focus on data interpretation remains a recurring theme in his market commentary.