Moody’s: U.S. CPI is good, but “persistent strong growth in housing costs” is a major frustration

Mark Zandi is a chief economist on the economics team at Moody’s Analytics. he has a well-balanced view of the April U.S. CPI:

Learn more about the data here:

• Forexlive Americas FX News Conclusion May 15: Green Grass Ahead as CPI/Spending Under Control

More:

• Yes, April CPI was lower than expected, but ‘don’t get too carried away’
• BlackRock on Inflation (moving in the right direction) and the Fed (high 4 even longer)
• Fed Goolsbee says if the decline in housing inflation seen in the April CPI continues, that’s great!

This article was written by Eamonn Sheridan at www.forexlive.com.

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