The Week Ahead: US CPI and PPI Set to Soften

The Fed’s 50 bp rate hike is behind us. Another 50 bp hike is expected next month. The April employment report will do little to calm the anxiety about the “too tight” labor market. The decline in the participation rate was disappointing and this coupled with decline in Q1 productivity raies questions about the economy’s non-inflationary speed limit. One of the fascinating things about the markets is that sometimes the cause take place after the effect. This is an interesting way to express the observation that investors anticipate, discount, futures scenarios. The dollar has been bought and fixed income sold on

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http://www.marctomarket.com/2022/05/the-week-ahead-us-cpi-and-ppi-set-to.html