When looking past the noise, we believe the data have continued to confirm our forecast for 2.2% core inflation in 2017.
The yield curve makes an unusual move after the June jobs report; there are two related reasons.
Data from the May CPI report shows robust underlying inflation.
The latest inflation report should reduce fears of U.S. deflation and left-tail events.
With market participants still underestimating inflation, now is the time to buy TIPS.
Despite the inflation surprise in March’s CPI report, we think TIPS can weather much more bad news before they underperform nominal Treasuries.
Jeremie Banet, portfolio manager on PIMCO’s real return team, explains why our outlook for oil prices and inflation supports select investments in inflation-linked bonds.
Surprising news in February’s CPI report should give confidence to the Fed on meeting its target for a 2% inflation rate.
The Federal Reserve’s leadership often has said it is monitoring economic and market data as it decides on policy. The question is: When it comes to inflation expectations, is the Fed coming to the right conclusions?
While one month does not make a trend, we’ve had a string of strong U.S. inflation data this month.