What Recent Inflation Numbers Mean for Path of Fed Policy

The transcript discusses the expectations for a June rate hike, with Lael Brainard indicating a likely increase. It highlights the disparity between inflation and employment data, questioning the sustainability of current inflation trends. The discussion covers consumer spending, confidence, and upcoming economic indicators, emphasizing the Fed's data dependency. Key economic data releases are previewed, including jobless claims and employment reports.

What is the significance of the upcoming wage numbers in the jobs report?

How are consumer confidence and stock market performance related according to the discussion?