Report
Data Round-Up: Core PPI Moderates, But Remains Well Above Fed Target
posted by Michael Lewis on May 09, 2018
Found in US, categorized in Monetary Policy
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Headline
Despite the expected moderation in the April PPI (and in tomorrow’s CPI), inflation is still trending up. The FOMC looks certain to continue gradual rate hikes, with the next one coming at the June meeting.
Abstract
FMI’s analyses of this morning’s April PPI report, including a review of the latest high-frequency price measures.