The Dog Which Caught The Car: Hey, Fed, Inflation Is 2.000%—What Are You Going To Do Now?

After producer prices rebounded in April, US consumer prices were expected to follow suit but while they did rise 2.0% YoY (slightly hotter than the 1.9% YoY gain in March)…..This left both CPI and PPI annual gains at 2.000000%…

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