Table of contents:
00:00-02:18 Intro 
02:18-05:37 CPI May 2022
 05:37-07:36 What will be the Fed response?
07:36-11:06 Consumer Confidence Index
11:06-11:48 Fed Meeting & PPI Release 
Kevin detailed the various categories that led to a higher inflation print for May 2022. He went over how food, housing, & gas were the 3 highest areas in the CPI. Record levels of gasoline have led to $5 a gallon across America. 
Food increases around fish, poultry, meat, & eggs led to a 10.1% year of year. Gasoline was at record levels of 48.7% year over year. Lastly, shelter rose to 5.5%. Kevin highlighted the sentiment of the Consumer Confidence Index and how it relates to when consumption goes down in the economy. 
The Producer Price Index will be out June 14th & Fed Meeting will happen June 15th, 2022. This is worth paying attention to and seeing where the economy will go from here. What will be the Fed response to tackling inflation? Will the Fed continue to raise rates into 2023? All of these questions were answered throughout this podcast. Rate, leave a review, & share. 
Show email & contact info:
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