"The Most Consequential Piece of Economic Data in History"

They called it the most important economic update in living memory, holding the key to everything from inflation to economy and interest rates. When it came out, it wasn't what everyone thought and even more interesting those numbers ended up being overshadowed by another set alarmingly consistent with everything else we've been seeing lately. Eurodollar University's Money & Macro AnalysisBLS April US CPI press releasehttps://www.bls.gov/news.release/pdf/cpi.pdfBloomberg Here Are the Key Takeaways From US CPI Report for Aprilhttps://www.bloomberg.com/news/articles/2024-05-15/us-cpi-report-april-2024-key-takeaways-on-inflation-core-measureBloomberg US Retail Sales Stall After Downward Revisions in Prior Monthshttps://www.bloomberg.com/news/articles/2024-05-15/us-retail-sales-stall-after-downward-revisions-in-prior-monthsCNN The backbone of America’s economy was just dealt a serious blowhttps://www.cnn.com/2024/05/15/economy/us-retail-sales-april/index.htmlhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU