Michael Shaoul: Trade-Related Prices In Deflationary Trend For Last Decade

<p>Michael Shaoul talks expectations ahead of the FOMC announcement Wednesday. He notes the increasing evidence of rapidly rising price pressures, with the Import Price Index at its highest level since October of 2018 and the Export Price Index the highest since September of 2014. Shaoul notes trade-related prices have been in a deflationary trend for the last decade.</p>