Fed’s Favorite Inflation Indicator Slumps Back Below Mandate – What Now Janet?

Dear Janet, US economic growth is the weakest in 3 months and your favorite inflation indicator is below mandated levels – why are June rate-hike odds still at 70%?

So there’s this… (worst economic growth in 3 years)

 

 

And today there’s this… (inflation below your mandate)

 

So why are you still jawboning this?

via http://ift.tt/2pAcwuo Tyler Durden

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