US CPI Thoughts, May'26
It is very unlikely any of the small pick-up we are witnessing in U.S. CPI is actually tied to a healthy wage-spending dynamic.
Most indicators point to a ramification drag from the SOH-driven pass-through into the broader economy 1/ https://t.co/dmFvRiVnsP https://t.co/bu2FzM5krM
It is very unlikely any of the small pick-up we are witnessing in U.S. CPI is actually tied to a healthy wage-spending dynamic.
Most indicators point to a ramification drag from the SOH-driven pass-through into the broader economy 1/ https://t.co/dmFvRiVnsP https://t.co/bu2FzM5krM

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