No derailment of the inflation station train in January

McKeany-Flavell Hot Commodity Podcast

English - February 17, 2023 19:56 - 12 minutes - 17.8 MB - ★★★★★ - 8 ratings
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Previous Episode: Cocoa current events, grind, & more!

Next Episode: Dairy update: Milk, butter, & cows

Jobs grow by 517,000

Double the normal expectations

Consumer prices up 6.4% ahead of expectations
Retail sales jump 3%

More than double the estimate

Producer prices revised higher for December and beating expectations in January at 6.0%
Overnight Fed funds rate at year-end jumps from 4.40 to 5.08% on talk FOMC might return to 50bp hikes
2023 Spring Market Seminar registration is now open!

April 26, 2023 in Oak Brook, IL
Attend in person or virtually
Visit mckeany-flavell.com to register!

Host: Eric Thornton, Commodity Specialist
Expert: Shawn Bingham, Director of Risk Management