UBS On-Air: Paul Donovan Daily Audio 'Let’s get real'
UBS On-Air: Market Moves - En podcast av Client Strategy Office
US consumer price inflation is not a cost of living index and says little about the real world experience of most US households—the largest component is an entirely made-up number. However, it sets the indexation of tax brackets and much US government spending. Federal Reserve Chair Powell’s great June policy errors elevated the importance of consumer prices to policy. Today’s data release thus matters to markets.
