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US: rent inflation anomaly
This week brought two contradictory data points on the US economy, which are likely to complicate discussions at the FOMC meeting on 20 March. On one hand, prices (CPI, PPI) surprised on the upside for the second month in a row and, as a result, disinflation seems to have stalled. On the other hand, the dip in retail sales was confirmed, mirroring that in labour market conditions in the last few months. Given its dual mandate, the Fed has to navigate between downside risks to act...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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