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Markets Are Underpricing Inflation Risk - The February CPI Preview

By Seeking Alpha March 06, 2026 Bearish
Markets Are Underpricing Inflation Risk - The February CPI Preview
The CPI inflation is expected to fall near the Fed's 2% target; however, other measures of inflation like PCE and PPI point to a much higher inflation. The market-based inflation measures price a well-anchored long-term inflation, despite the inflationary macro picture currently unfolding with the energy price spike.
The CPI inflation is expected to fall near the Fed's 2% target; however, other measures of inflation like PCE and PPI point to a much higher inflation. The market-based inflation measures price a well-anchored long-term inflation, despite the inflationary macro picture currently unfolding with the energy price spike.