Latest / Eurodollar University
This CPI Report Just Exposed the Fed’s Biggest Problem
Five months and little to show for it. Tariffs have been applied for that long, yet consumer prices remain suspiciously tame. The real story isn't the possible pass-through of trade duties, its why that isn't happening on a far broader basis. We got more evidence for why from American bank balance sheets.
Eurodollar University's Money & Macro Analysis
BLS June 2025 CPI
https://www.bls.gov/news.release/cpi.htm
Bloomberg US Core CPI Rises Less Than Expected Again Despite Tariff Impact…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.