News about inflation

John Williams (FOMC vice chair) dwells on how the recent inflation slowdown has been a global phenomenon By one measure, inflation is "nearly the same" in the U.S. as Sweden and Europe. www.newyorkfed.org/newsevents/speeches/2024/wil240530 pic.twitter.com/xLKX7sLtQi

Soft evidence on inflation: the Fed’s latest Beige Book says “Prices increased at a modest pace.” In Jan. 2020 it said “Prices continued to rise at a modest pace.” Consistent with the view that the inflation bump is over.

⚠ Thursday Brief ⚠ 🇺🇸 #Fed’s Beige Book Points to Modest Growth in U.S. Prices 🇯🇵 Latest #BOJ Rhetoric Posing Little Resistance to Rising #JGB Yields 🇪🇸 Spanish CPI Beat Expectations ... www.christophe-barraud.com/morning-brief-feds-beige-book-points-to-modest-growth-in-u-s-prices-latest-boj-rhetoric-posing-little-resistance-to-rising-jgb-yields-spanish-cpi-beat-expectations/

Fed balance sheet is only down 18.8% from record high but Powell & Co. are about to slam on the brakes; the rate of decrease from here on out will slow dramatically as QT takes a backseat to financing Yellen's deficits: pic.twitter.com/CrELGKbwmu