The whole street is bunched up around a 0.3% consensus with GS and JPM calling for softer
Goldman’s Institutional Trading Desk
Bottom line: Softer, but not that soft
We expect a 0.28% increase in April core CPI (vs.0.3% consensus), corresponding to a year-over-year rate of 3.61% (vs. 3.6% consensus); link.
• We highlight three key component-level trends we…