June 5 2023 | The Fed’s inflation gauge just ticked ever-so-slightly higher. Why It Matters: Not the ideal scenario. We need inflation to keep trending downward. Otherwise, it’ll give the Fed reason to keep hiking rates. Source: Torsten Slok
...May 15 2023 | ‘Supercore Inflation’, the newest addition to the long list of Fed buzzwords, fell below expectations. Why it Matters: Although cooling, the rate of deceleration is showing signs of slowing down. This is concerning for markets expecting lower inflation. Source: thedailyshot
...April 17 2023| Inflation is slowing, but not fast enough A key factor is the housing market. Why It Matters: The housing market’s shift from inflationary to deflationary is finally happening. Expect this to continue pulling down inflation in the coming months. Source: thedailyshot
...February 20, 2023| Inflation came in slightly higher than expected, with shelter costs as a major contributing factor. Despite this, we continue to believe this trend will reverse as a slowing housing market pulls down prices. Source: thedailyshot
...February 6, 2023| While the Fed meeting stole the spotlight, the U.S. Manufacturing Index* quietly slowed down more than expected. New orders have hit concerning levels, but it’s the sustained downtrend that is more concerning. *Institute of Supply Management Source: thedailyshot
...December 12, 2022 | Interestingly, while the level of inflation in Europe & the U.S. are similar, the way inflation is derived is different. European inflation is driven by energy prices, while U.S. inflation is broader based. In the U.S., this creates a more challenging job for the Fed. Source: Chartbookailyshot
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