CPI Report Today: Inflation Data Comes in Stronger-Than-Expected
Posted: Feb 12, 2025
- Consumer-price index rose 3% from a year earlier, higher than expected
- January CPI often reflects big price adjustments by businesses to start the year
- WSJ Dollar Index and Treasury yields rose after CPI figures released
- Fed Chair Jerome Powell says economy is doing well, no need to rush to cut rates
What do people on Reddit think?
🚨 Reddit sentiment: mixed/negative - There are mixed comments about $SPY and $QQQ holding above last week's lows, but the prevailing sentiment is negative due to the impact on options and economic concerns. Summarized comments: - Calls are negatively affected by the CPI report - $SPY and $QQQ indices remain above last week's low despite the stronger-than-expected CPI - Some users express negative sentiment regarding economic conditions and the impact on personal finances - Speculation on future CPI reports being higher due to tariffs Stock tickers discussed: $SPY, $QQQ
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