Mrkt edge: FED members statements on inflation. I believe this goes right inline with my current cpi/ppi/energy prices cooling theory. The tonality seems to be calmed down towards rate hikes at this current time. Summer volume generally Likes to accumulate more than trend. So I expect the trump deal/no deal twice a week to continue until summer is over and the FED new research members appointed by Warsh present us with new market data at which point we may see monetary policy look at more than cpi/nfp/core pce.
