Well, folks, that’s it. The CPI is out, and the report 100% matches the consensus estimate.
![](https://slopeofhope.com/wp-content/uploads/2023/01/match-640x158.png)
It’s way too early to judge, because at this point, the market seems to have NO idea what to do with this information. I think it’s going to be a couple of hours until there’s clarity. I’ll admit that I’m glad we’re not up 70 on the /ES right now.
![](https://slopeofhope.com/wp-content/uploads/2023/01/downward-640x372.png)