The Numbers
Too Hot For Cuts, Too Cool For Hikes
May US CPI was roughly in line with estimates and still shows no evidence of energy passing through to core inflation. Headline CPI rose 0.5% m/m, accelerating to 4.2% y/y from 3.8%. Core came in cooler than estimates at 0.2% m/m, down from 0.4% in April,…
Interested in reading the full Daily Insight?
Read the full insight with instant access.
BCA Research | Daily Insights
Concise macro insight that cuts through daily noise, helping clients stay informed on what matters in markets, why it matters, and how to talk about it, without spending hours reading research.
Stay Connected with BCA
Get our latest events and research insights delivered to your inbox.