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US prices slow down less than expected, Fed expectations rise

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US prices slow down less than expected, Fed expectations rise

Prices are slowing down in the US, but it is purely a statistical effect. As will often happen from today to the end of the year. Inflation measured by the CPI index – a secondary indicator, for monetary policy purposes – was 8.3% in April, from 8.5% in March: on a monthly basis, prices rose by 0, 3%, over the + 0.2% that the market was waiting for. Even for President Joe Biden “inflation is too high, at unacceptable levels”: if it is too early to speak of a peak, it still is …

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