Mutantlight/Reddit
Glowimages/Getty Images
Tetiana
Stephen Maturen/Getty Images
MIKHAIL KLIMENTYEV/RIA NOVOSTI/AFP via Getty Images
AP Photo/Steven Senne
Happy Friday, team. I'm Phil Rosen. This week we've seen a storm of economic data in the US.
The alphabet soup of readings — CPI, PPI, and jobless claims — all point to cooling inflation and a softening labor market.
In theory, that's good news for the Fed, because it suggests its policy is working.
YouTube
Omar Marques/Getty Images
Natalia Kolesnikova/AFP via Getty Images