May Inflation Data Reinforces the Fed’s Strategy
US inflation data for May offered no respite to a beleaguered economy. Month-over-month inflation increased a full 1.0%, well in excess of the 0.25% monthly rate that would likely relieve upward price pressures. How will the latest inflation reading reinforce the Fed’s tightening strategy? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/...
