But there will be a few rough months
Central bank publises quarterly Report on Inflation
Turnaround in tax-adjusted core inflation index.
While internal price pressure remains significant.
Key macroeconomic events and data of the week.
According to central bank's measures of underlying inflation developments.
Slightly more than expected.
Price index could drop while inflation has not subsided.
Powell's remarks in focus too.
H2 could bring about changes.
Fast GDP growth, ever tighter labour market.
Macroeconomic calendar is not packed to say the least.
Price indices on the rise.
Consumer prices were 3.9% higher in May than a year earlier, driven by tobacco, food and alcohol prices.
May CPI release on its way.
Busy week ahead.
The same as last month.
Monetary Council statement may provide further guidance.
Next tightening measure expected in June.
Key metrics for central bank remain close to 10-yr highs.