Core CPI (MoM) (Sep) 0.3% vs 0.3% Est.
Portfolio Pulse from Bill Haddad
The Core CPI (MoM) for September has met the estimated value of 0.3%.
October 12, 2023 | 12:30 pm
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NEUTRAL IMPACT
The Core CPI meeting estimates indicates a stable inflation environment, which could be neutral for SPY.
The Core CPI (MoM) is a key indicator of inflation. When it meets estimates, it suggests that inflation is in line with expectations, which can be seen as a positive sign for the overall economy. This could have a neutral impact on SPY as it indicates a stable economic environment.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50