News about inflation

Core PCE price index component of GDP accelerated sharply in 1Q2024 to +3.7% pic.twitter.com/79fYTL8ltp

From the @wsj article, “Why Is the Federal Reserve Always Surprised by Inflation? The central bank owes the public an explanation—and a serious effort to correct its flawed model.” #economy #markets #centralbanks #econtwitter #federalreserve pic.twitter.com/9pXVdePJAr

Per below, the whole US yield curve shifted up in reaction to the data (see prior post), including the 2-year which traded above 5% as markets pushed to December the expectation of the first rate cut by the #FederalReserve. (Amazing to think that, just four months ago, #markets… pic.twitter.com/gmZDG1xxGU

Rush Hour | US economy slows; inflation up Will rate cuts be delayed further? Saugata Bhattacharya, Independent Economist and Geoff Dennis, Independent EM Commentator discuss the factors at play and what it means for the markets @IamAnkitaS_ youtu.be/Mbr7jvJsHPo?si=Mpqo-hgJAE13Zq99