CPI Matches Estimates – Kanye Shrug?

CPI on deck, brace for impact. So this is the only thing that really matters this week on the data front. Although it doesn’t have the same air of urgency as it did last month (see here), that may be a bad thing in the event we get an upside surprise — especially ahead of the Fed and in light of recent hawkish commentary from previously reliable dove Lael Brainard.  Everyone will either forget all about this in 30 minutes or it will be all anyone's talking about for the rest of t