Inflation, Blockbuster IPOs, and Soccer: All on Today's Episode

In this episode of the Macrocast, John, Brendan and Ed kick off with a discussion of this week's U.S. inflation data. The analyze both the CPI and PPI, noting that despite the elevated numbers, especially for producers, markets took the data in stride.Next, they discussed the upcoming Federal Open Market Committee meeting, the first with Kevin Warsh as Chair. They cover his views on the correct measure of inflation, possible changes to Fed communications going forward, and the challenges of chairing the Committee where all the other members have roles independent of his influence.The team also covers the SpaceX IPO, highlighting some of the opportunities and concerns for investors and what it could tell us about other IPOs expected this year.Finally, they talk a little about the World Cup and the excitement that many international tourists are sharing on social media about their visits to the U.S. For more about the hosts, please see below:FTPMarkets Policy Partners