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The Kobeissi Letter
The Kobeissi Letter|Oct 19, 2025 16:44
Something unusual is happening this week: On Friday, we are receiving CPI inflation data DURING the US government shutdown. Not only is it 5 days before the October 29th Fed meeting, but it is the first time CPI data will be reported on a Friday since January 2018. The Labor Department has said that NO OTHER releases will be rescheduled or produced until the shutdown ends. This comes during a highly pivotal time for the Fed as they debate whether to continue rate cuts or not. This is drawing speculation of a "bullish" September CPI report. What's happening here?(The Kobeissi Letter)
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Timeline

Nov 18, 05:16Large funds believe there will be no interest rate cuts in December.
Nov 18, 03:53Bitcoin dips to $90,000, market prepares for a deep decline
Nov 17, 19:12The probability of a Federal Reserve decision has changed
Nov 17, 16:27The market has not recovered well after the shutdown.
Nov 17, 13:28The Federal Reserve's policy normalization will drive global interest rates.
Nov 17, 06:26This week's major events will determine market trends.
Nov 16, 20:48The price of BTC fell below $94,000, causing panic
Nov 16, 12:12Fed meeting minutes will reveal the direction of interest rates
Nov 14, 19:40Federal Reserve's Logan supports a rate cut in September
Nov 14, 13:34Broad market sell-off, gold prices retreat.

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