US: CPI and Fed speak in the limelight this week - NBF
5/6/2019 12:32:36 PM
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National Bank Financial’s analysis team suggests that the US consumer price index could have increased no less than 0.4% in April thanks to a steep ri

National Bank Financial’s analysis team suggests that the US consumer price index could have increased no less than 0.4% in April thanks to a steep rise in gasoline prices, which would allow the year-on-year rate to rise two ticks to 2.1%.

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Key Quotes

Key Quotes

“The core inflation rate, meanwhile, could have gained 0.2% m/m, pushing the 12-month gauge up one tick to 2.1%.”

“We’ll also keep an eye on the publication of trade balance data for March.”

“Finally, several Fed officials are scheduled to give speeches, notably Jerome Powell (Thursday), Lael Brainard (Wednesday and Friday), Patrick Harker (Monday), Raphael Bostic (Thursday and Friday) and John Williams (Friday).”

FedJerome Powell