Troy Lutka

Bloomberg News Now · Venezuela Frees Several Americans, Trump on Iran Protests, More · 14 Jan 2026 podcast

Yeah, a bit surprised here that it's core CPI, which misses expectations here at 0.2%.

Considering the fact that gasoline prices were down nearly 5% on a month-over-month basis, you would expect that it was headline that would be weak.

But the fact that core is actually a bit softer is a profoundly strong signal, at least to us, that inflation is coming down, inflationary pressures are dissipating, and the Fed is going to be cutting this year.

Bloomberg News Now · Venezuela Frees US Citizen, Trump Message to Iran Protesters, More · 14 Jan 2026 podcast

Yeah, a bit surprised here that it's core CPI, which misses expectations here at 0.2%.

Considering the fact that gasoline prices were down nearly 5% on a month-over-month basis, you would expect that it was headline that would be weak.

But the fact that core is actually a bit softer is a profoundly strong signal, at least to us, that inflation is coming down, inflationary pressures are dissipating, and the Fed is going to be cutting this year.

Bloomberg News Now · Trump to Iran: Keep Protesting, Threatens Sanctuary Cities, More · 13 Jan 2026 podcast

Yeah, a bit surprised here that it's core CPI, which misses expectations here at 0.2%.

Considering the fact that gasoline prices were down nearly 5% on a month-over-month basis, you would expect that it was headline that would be weak.

But the fact that core is actually a bit softer is a profoundly strong signal, at least to us, that inflation is coming down, inflationary pressures are dissipating, and the Fed is going to be cutting this year.

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