Next week's producer price index or consumer price index could tip the Fed in favor of a June hike if they're on the upside.
This week's CPI will seal (the Fed's decision). If we get a number at consensus or a little above, that'll tip it towards a June increase.
This week's CPI will seal (the Fed's decision), ... If we get a number at consensus or a little above, that'll tip it towards a June increase.
The core (inflation measure), while it's up, still looks very contained. This just keeps the Federal Reserve interest rate hike engine humming along after June 30.