Video: Macro Minute: April Core CPI above expectations at +0.38% MoM, distorted due to Oct govt shutdown.  Alternative Truflation shows much lower current inflation

Video: Today’s April CPI report highlights the question of what are the inflation metrics that matter to the Fed.  Energy will cause inflation to rise.  But should markets focus on CPI and PCE or alternative datasets as advocated by incoming Fed Chair Kevin Warsh.

Please click here to view our Macro Minute (duration: 5:22).

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