Report
Data Round-Up: Real Consumption Likely Grew +2.8% in 17Q2; Core Inflation Picking Up Some
posted by Michael Lewis on July 14, 2017
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Headline
After its lull this spring, core inflation is turning up, gradually. The FOMC continues to believe that inflation will rise to target (and FMI continues to think it will happen sooner than Yellen expects -- by around year-end, in fact).
Abstract
FMI’s analyses of this morning’s June CPI, June Retail Sales, May Business Inventories and June Industrial Production reports.