- Ex-food and energy 1.6% y/y vs 1.6% exp
- Prices up 0.5% m/m vs 0.3% exp
- Ex-food and energy 0.2% vs 0.2%
Slightly higher inflation could spark some taper talk but it’s doubtful. Not even the hawks on the FOMC have inflation concerns at the moment.
CPI y/y