The May 2022 CPI data are scheduled to be released on June 10, 2022, at 8:30 A.M. Eastern Time by the Bureau of Labor Statistics.
https://www.bls.gov/cpi/
Hang onto your hats. If the inflation rate doesn’t move significantly (more than a few tenths of a percent) the markets will tank.
The Personal Consumption Expenditures (PCE) Price Index generated by the Bureau of Economic Advisors (BEA) will be released on June 30, 2022. https://www.bea.gov/data/personal-consumption-expenditures-p…
It’s been said that the Federal Reserve watches the PCE more closely than the CPI, but who knows?
The CPI rose rose 8.3 percent over the last 12 months. The comparable PCE was 6.3%. Either one is way too high. The Fed will definitely raise rates in June and July, but will continue if inflation continues high. I don’t see inflation falling to 2% in the next 3 months, do you?
Hang on! Stocks and bonds will both fall.
Wendy