Forex
globalreutersMay 16, 20241 Mins read
Moody’s: US CPI good, but “the stubborn strong growth in housing costs” a key frustration
globalreutersMay 16, 20241 Mins read Mark Zandi is Chief Economists at Moody’s Analytics economics team. he has a nicely balanced take on the April CPI from the US:
More on the data here:
More:
- Yes, April CPI was lower than expected, but “don’t get too carried away”
- BlackRock on inflation (moving in the right direction) and the Fed (higher 4 longer still)
- Fed Goolsbee says if housing inflation decrease seen in April CPI continues, that’s great!
This article was written by Eamonn Sheridan at www.forexlive.com.
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