CPI On Tap

2025-06-10 16:10:00 ET

Tomorrow's report on May CPI will help to shape the inflation narrative for the rest of the summer. A stronger-than-expected report will be quickly seized upon by the anti-tariff contingency, and if there's a weaker-than-expected report, you can bet that President Trump will be on Truth Social singing the praises of tariffs. Earlier today, we tweeted that the Fed's CPI Nowcast was predicting headline CPI to rise 0.13% compared to a Wall Street consensus forecast of 0.2%, so if the Nowcast is right, get ready for some Truth Social posts!...

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