Report
Data Round-Up: Inflation Lull Continues, for Now; Core Revisions Buoy Retail Sales
posted by Michael Lewis on June 14, 2017
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Headline
In their post-meeting statement later today, the FOMC will insist, again, that the lull in inflation is “transitory.” FMI believes that this is correct, but today’s CPI data did not help that view.
Abstract
FMI’s analyses of this morning’s May CPI, May Retail Sales, and April Business Inventories reports.