Dear friends, sorry, I've been a bit busy. Inflation came out | The Wolf Of Few Streets

Dear friends, sorry, I've been a bit busy. Inflation came out slightly higher, against the backdrop of high fuel prices. This means the dollar will strengthen. There will be pressure on the crypto market, but overall, it's better to factor in another hike in the price. Going forward, the rate hike should become a secondary concern; after all, they can't keep raising it indefinitely...

FITCH: STILL EXPECT A MILD US RECESSION, THOUGH NOW ANTICIPATE THIS TO OCCUR IN 1H24

US Aug Consumer Prices +0.6%; Consensus +0.6%

US Aug CPI Ex-Food & Energy +0.3%; Consensus +0.2%

US Aug Consumer Prices Increase 3.7% From Year Earlier; Core CPI Up 4.3% Over Year

US Aug CPI Energy Prices +5.6%; Food Prices +0.2%

US Real Average Weekly Earnings -0.1% In Aug