Before Trump’s first rate-setting meeting before June 17, he publicly said, “I like inflation.”
On June 11, U.S. President Trump publicly said “I like inflation” in the Oval Office at the White House, and called the May U.S. Consumer Price Index (CPI) data “great.” The Federal Reserve confirmed that the current chairman, Kevin Warsh, will chair its first Federal Open Market Committee (FOMC) policy meeting after taking office on June 17, with a press conference held the same day. May Inflation Data: CPI Up 4.2% YoY, Core CPI Up 2.9% YoY Based on data from the U.S. Bureau of Labor Statistics
MarketWhisper·06-11 02:09
