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This is the best chart for understanding how US inflation will unfold in the months ahead

This is the perfect chart to illustrate where US inflation is headed in the months ahead. May and June will undoubtedly see lower year-over-year readings with gasoline prices down 30% y/y. With that, headline inflation could fall to sub-3% in the June.Beyond that is what the FOMC is thinking about now. This chart from EY Parthenon's @GregDaco is a great illustration of how the monthly numbers migrate into the year-over-year data.The current consensus for May is +0.2% and another reading like tha... Read More

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Posted: Jun 9 2023, 13:39

Author Name: forexlive

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