High-Frequency Post-Virus Recovery - 2023-06-07
Date:
Thursday, June 8, 2023
Summary:
New -- a high-frequency view of CPI from Truflation (see page 8, every week). Their real-time call on trailing 30-day inflation from daily data: 1.96% year-on-year. Meanwhile, the worst new claims number in a year and a half. But the claims-implied unemployment rate is lower than it was six weeks ago.