Report
Trump Satisfied with Direction of Fed Policy; Installing Cohn Brings Few Benefits, Some Risks
posted by Michael Lewis on July 13, 2017
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Headline
The PPI posted modest gains in June, in-line with consensus expectations. In contrast to more muted results from other inflation gauges, however, total and core PPI are trending above +2% (the Fed’s official inflation target).
Abstract
FMI’s analysis of today’s June PPI, including a review of High-Frequency Inflation Indicators, and the latest Weekly UI Claims & Rail Traffic results.