Inflation Still Surging

Wed, Apr 13, 2022 - 11:06am

Some of the Fed Goons tried desperately to find some good news in yesterday's CPI report. Let's see what those same Goons have to say following today's PPI, which measures inflation at the producer level...where higher costs are almost inevitably passed along to consumers.

So, welcome to PPI Wednesday where wholesale inflation continues to soar. As usual, the most thorough summary comes from ZH. You can read it here:

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Key Economic Events Week of 5/16

5/16 8:30 ET Empire Fed Manu Idx
5/16 9:00 ET Goon Williams
5/17 8:00 ET Goon Bullard
5/17 8:30 ET Retail Sales
5/17 9:15 ET Cap Ute & Ind Prod
5/17 2:00 ET Chief Goon Powell
5/18 8:30 ET Housing Starts
5/19 8:30 ET Philly Fed
5/19 10:00 ET LEIII

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