The Week Ahead Europe CPI (Apr)FOMC Meeting Minutes Thought Of The Week Inflation Angst and U.S Retail Sales Financial markets tumbled the most in two months on Wednesday after the release of April’s Consumer Price Index (CPI) which saw inflation accelerating faster than expected. Excluding volatile food and energy prices, the core CPI rose 3% year-on-year compared to market estimate of 2.3%. Price surges have resulted as the U.S economy recover amid supply bottlenecks caused by shortages, shipping challenges and a soaring demand for commodities. In addition, the higher headline CPI rate may also be distorted due to base effects since inflation was very low at this time last year. However, the stalling April retail sales data released on Friday provided some solace to investors who have become increasingly sensitive to inflation risks even though there is still pent-up capacity in many sectors. Concerns that policymakers will have to...