​Beige Book Sees “Little Change” In Econ Activity: Notes Rising Wages As Immigrant Labor Shrinks While “Inflation” Mentions Tumble – Tyler Durden

Beige Book Sees “Little Change” In Econ Activity: Notes Rising Wages As Immigrant Labor Shrinks While “Inflation” Mentions Tumble Many were shocked (again) after the latest CPI and PPI data confirmed that the experts were once again dead wrong, and instead of the widely expected inflation tsunami, Trump’s tariffs have so far sparked only sporadic disinflation, which will only become more acute as the home prices slide accelerates. And yet, anyone who read our Beige Book analysis from April (not to mention our accurate prediction from last June that “The Experts Are All Wrong About Inflation Under A Trump Presidency”)…  — Continue at ZeroHedge News : Read More