Weekly Indicators: housing and the Fed overshadow weekly steadiness edition

 May data underwhelmed this week. Producer prices were unchanged, while consumer prices declined. That was the best news. But industrial production was flat, while capacity utilization declined. Retail sales declined, including in real terms. Consumer sentiment as measured by the University of Michigan declined. Housing starts and permits both declined significantly.

Source: XE news feed
Weekly Indicators: housing and the Fed overshadow weekly steadiness edition