U.S. CPI Rebounds, Retail Sales Gain 0.4% in April

The transcript discusses the pursuit of a balanced economic growth scenario, known as the Goldilocks scenario, which supports financial markets through moderate monetary policy normalization. It highlights retail sales trends, noting the shift from traditional department stores to online platforms like Amazon. The discussion also covers core CPI data, indicating less momentum in core inflation, and predicts future inflation trends influenced by a tight labor market and full employment conditions.

In what ways might inflation change over the next six months according to the speaker?

What factors contribute to the price pressures in the current economy?