US Inflation Shows Signs of Moderating Giving Fed Room to Pause

 

Kärninflationen, där livsmedels- och energipriser rensats ut, föll i linje med förväntningarna till 5,5 procent. 

Jämfört med föregående månad steg både inflationen och kärninflationen med 0,4 procent, vilket var helt i linje med förväntningarna.

https://www.bloomberg.com/news/articles/2023-05-10/us-core-cpi-moderates-slightly-giving-fed-some-room-to-pause

Fed faces a long battle to trim inflation to its 2% target

Prices are finally coming down but ‘core’ price pressures remain stubbornly high

Officials are now contemplating whether they have done enough or if they need to squeeze the economy further to ensure inflation — as measured by the core personal consumption expenditures price index — returns to the Fed’s 2 per cent target. 

As of March, it was running at an annual pace of 4.6 per cent.

FT 15 May 2023

https://www.ft.com/content/6e229e69-c33c-453f-89cc-d53acc698207

It's a Long Way to Tipperary. It is also a long way to 2 percent.

 I should not start from here.

https://englundmacro.blogspot.com/2023/01/its-long-way-to-tipperary-it-is-also.html