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12th Apr 2023 15:15U.S., Daily Monitor

  • The FOMC is still more worried about inflation than growth; that view will not be sustained.
  • Core CPI rent increases are finally rolling over, but services inflation is still sticky, but not for long.
  • Core PPI inflation likely fell again in March as margins compress and global goods inflation eases further. 

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core cpi core PPI cpi fomc goods inflation inflation March ppi PPI inflation rent services inflation

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Keywords for: 13 Apr 2023 US Monitor A Prudent Tweak After SVB, or a Failure of the FOMC's Ima

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