Hello, fellow rubble capital. I hope you're well. So we got the new CPI data out. I want to go through

that in detail. And then I want to try to figure out what does this mean for inflation moving into

2025? Will we see a reacceleration of consumer prices? Or will we continue to see disinflation?

And what's the Fed going to do?

Well, let's get right over to CNBC and check out what is going on with the CPI.

And then we'll try to answer those questions.

Let's see here.

So we've got the screen share.

Then let's go right over here.

There we go.

We have Josh right now because WhatsApp isn't

working, so I wasn't able to message him. But we'll, we'll get through this here. So where did

see? I think we're going to get through this. Here we go. All right. CNBC. So the new data has

come out and the CPI has moved up to 2.7%. Now, this is in line with expectations.

And I think more importantly, that's a month-over-month increase of 0.3%. So if we have 0.3% or the next 12 months straight,

then now of a sudden we've got the CPI, obviously, up over, you know,

let's say 3.4, what would that be 3.6%, I guess.

Now, the key talking points here, we've got excluding the core CPI, which they've got a chart of this.

We'll go over just a minute. That was at 3.3. And again, the monthly is at 0.3 there as well.

And all figures are in line with forecasts. The report further solidified market outlook for a red,

a Fed rate cut so uh that answers the

first big question that is the fed still going to cut by 25 basis points which i would add keeps

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