Joe Brusuelas

“We've got real upside risk on the September CPI,”

Joe Brusuelas · said date not stated · reported 2026-10-13

Brusuelas warned of upside risk in the September CPI report as oil-related prices climbed.

“Typically, when we have these moves in inflation, everyone's models undershoot the actual outcome.”

Joe Brusuelas · said date not stated · reported 2026-10-13

Brusuelas cautioned that forecasting models tend to underestimate actual inflation outcomes during such moves.

“Bessent is a political actor. His interest is purely short term and is organized around the upcoming election and not a return to price stability,”

Joe Brusuelas · said date not stated · reported 2026-08-19

Brusuelas wrote that Bessent's motivations for the move are politically driven ahead of the upcoming election.