Skip to main content
MarketSurfer
KOENPlans
All short reference notes
CryptocurrencyLesson 59 / 244

Macro Basics ② — How to Read a CPI Release

Macro Basics ② — How to Read a CPI Release education card 1

The same images as the education cards published to the Telegram channel.

Key pointWhyWhere people slip
How to Read a CPI Release

Key point

• CPI is not a simple number; what matters is 'versus expectations'

Why

• The market prices in expectations in advance, so a reading above expectations shakes risk assets on tightening worries

• Rising volatility around the release is treated as the base scenario

Where people slip

• They react to the released number itself — what matters is the gap from expectations

CPI is read 'versus expectations'. Volatility around the release is prepared for in advance.

Do you read CPI as the released number, or versus expectations?

Previous lessonMacro Basics ① — Interest Rates and Risk AssetsNext lesson Macro Basics ③ — Employment Indicators and Market Reaction

More in this category — Cryptocurrency

Macro Basics ③ — Employment Indicators and Market ReactionMacro Basics ④ — The Dollar Index and BTCMacro Basics ⑤ — Handling FOMC Week

Check it against live prices

Check this week's release schedule and the actual values of past releases.

Open Market calendar

For lessons and market summaries at set times, there is the free Telegram group.

Macro Basics ② — How to Read a CPI Release — MarketSurfer Trading Education