We reiterate our StagDeflation call as after PPI was released, we now estimate that core PCE will print at 0% at the end of this month and Y/Y core inflation will come in at 2.4%. We estimate that ...
Unemployment claims, a critical leading indicator of the job market, increased, with weekly claims up to 248k vs. expectations of 242k. PPI also printed cool at .1% vs. expectations of .3%, with core ...
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