Video: Macro Minute: Incoming data this week points to weaker inflation in months ahead = positive. By contrast, Fed speak leans "hawkish" given (hard) data dependence

Video: Macro Minute: Incoming data this week points to weaker inflation in months ahead = positive. By contrast, Fed speak leans hawkish given (hard) data dependence

VIDEO: The incoming data this week – from Case-Shiller home prices, Target price announcements, McDonald’s $5 value meal – all point to weakening inflation pressures, which we expect will be confirmed with this Friday’s May PCE. But the “data dependence” of the Fed seems to be increasingly offsides, and we expect odds of a cut to rise in coming weeks.

Please click below to view our Macro Minute (duration: 4:14).

Video: Macro Minute: Incoming data this week points to weaker inflation in months ahead = positive. By contrast, Fed speak leans hawkish given (hard) data dependence

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