Softer US Inflation, Retail Data Offer Fed Some Leeway

Medical Services Costs Rise 2.7% Over Past 12 Months

Car Insurance Costs Keep Surging

Used Car Prices Drop 1.4%; Eggs Tumbled 7.3%

Housing Costs Are Biggest Component of Core inflation

Fed Swaps Price in Faster Pace of 2024 Rate Cuts After CPI Data

Retail Sales Come in Softer Than Forecast

Data Signals Relief for Fed

Treasury Yields Extend Drop

Stock Futures Spike

Core CPI Rises 0.3% M/M; Est. 0.3%

US April Consumer Prices Increase 0.3% M/M; Est. 0.4%

Key Events

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