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US: Slowflation to Stand Out From Mixed Data Bag

From wbponline.com

The Department of Labor will release three more employment and inflation reports - directly tracking the two mandates of the Federal Reserve (Fed) - before the June 16/17 meeting, which is the earliest point when policymakers can make a rate hike announcement, based on last week's guidance overhaul. One set of the CPI data will hit the wires next week and although Fed officials actually use a different metric (the price index for Personal Consumption Expenditures), the report out on Tuesday will attract a lot of attention from investors. The most notable difference between the two gauges is that the former attributes ... (full story)

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