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The Weekly Bottom Line: Slight Pullback in Inflation Won’t Change Fed’s Mind

Started by PocketOption, May 16, 2022, 05:54 am

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PocketOption

The Weekly Bottom Line: Slight Pullback in Inflation Won't Change Fed's Mind

U.S. Highlights The consumer price index (CPI) report showed that both overall and core price pressures eased a touch in year-over-year terms in April. Overall inflation fell to 8.3% y/y from 8.5% in the month prior, while core inflation fell to 6.2% from 6.5%. The producer price index (PPI) report echoed a similar message, with […]


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