Macro Briefing: 17 May 2019

China’s state media downplays odds for resuming trade talks with US: Bloomberg
Is US inflation too low? Yes, according to Fed officials: NY Times
Fed official: inflation-jobless rate link ‘has broken down’: Reuters
Survey: economists think US recession risk has increased: Reuters
Euro-area core inflation revised up to highest pace since 2017: Bloomberg
US jobless claims fell last week, sticking close to 50yr low: MW
Philly Fed Manufacturing Index increases to four-month high in May: MW
US housing starts rose more than expected in April but 1yr trend still negative: 

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