They called it the most important economic update in living memory, holding the key to everything from inflation to economy and interest rates. When it came out, it wasn't what everyone thought and even more interesting those numbers ended up being overshadowed by another set alarmingly consistent with everything else we've been seeing lately.
Eurodollar University's Money & Macro Analysis
BLS April US CPI press release
https://www.bls.gov/news.release/pdf/cpi.pdf
Bloomberg Here Are the Key Takeaways From US CPI Report for April
https://www.bloomberg.com/news/articles/2024-05-15/us-cpi-report-april-2024-key-takeaways-on-inflation-core-measure
Bloomberg US Retail Sales Stall After Downward Revisions in Prior Months
https://www.bloomberg.com/news/articles/2024-05-15/us-retail-sales-stall-after-downward-revisions-in-prior-months
CNN The backbone of America’s economy was just dealt a serious blow
https://www.cnn.com/2024/05/15/economy/us-retail-sales-april/index.html
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
What is Eurodollar University?
Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.