by Mike ‘Mish’ Shedlock
Mish Talk
Fed Says Two Hikes, Down From Four; Market Says One
Fed on Hold, Anticipates Two Hikes This Year, Not Four; Tracking Changes Since Last Statement
Industrial Production Dips 0.5%, Only Up Twice in Past 14 Months
CPI Drops 0.2%, Core CPI Up 0.3%
Four Out of Five Ain’t Bad: Cruz and Kasich Stomped in Delegate Counts