Idk man. I say bearish. Inflation of 2.7% was mostly driven by rises on Education, Housing and Tobacco isn't the kind of price inflation they would be too worried about when unemployment is seriously creeping up. They still have some slack for the major part of the year IMO. If 3.5% hit then i would say we are getting warmer on the inflation front enough to warrant policy guidance otherwise. In sum I agree with OMGtrader
The coincidental success is more dangerous than the expected failure
with tight SL
