High-Frequency Post-Virus Recovery - 2024-07-24
Date:
Thursday, July 25, 2024
Summary:
After a blockbuster GDP print, the hits just keep on coming. Jobless claims fall after last week's false alarm, beating the consensus. Our "Truflation" real-time inflation indicator is showing July CPI shaping up for only 0.39% at an annual rate, setting up for another big Fed-pleasing beat.