U.S. inflation is most likely approaching an inflection point where the central bank can begin considering a pause in its efforts to restore price stability. … READ MORE >
Consumer Price Index
Inflation remains hot, sticky and elevated, implying another supersized rate hike
Both top-line and core inflation remain hot, sticky and elevated, which implies another rate increase of 75 basis points at the Fed’s November meeting. … READ MORE >
U.S. August CPI: Core inflation arrives hot even as gas prices fall
Premature calls for the Fed to pause its campaign to tame inflation should be politely dismissed given the 0.1% increase in top-line inflation in August. … READ MORE >
How high must unemployment rise to tame inflation?
To reduce inflation to acceptable levels, it will be necessary to destroy between 1.7 million and 5.3 million jobs. … READ MORE >
Latest jobless claims and producer inflation show upside surprises
New filings for jobless benefits last week rose by 3.8% to 244,000 while producer inflation rose by a surprisingly strong 1.1% in June. … READ MORE >
U.S. June CPI: Persistent top-line inflation hits 9.1%
The top-line inflation rate hit 9.1% in June on the back of a 11.2% increase in gasoline prices and a 7.5% jump in overall energy prices … READ MORE >
U.S. May CPI: Inflation continues to broaden out on higher gas and housing costs
Inflation continued to broaden out across the American economy in May, rising by 8.6% annually and underscoring the urgency among central bankers to restore price stability. … READ MORE >
U.S. April Consumer Price Index: Peak inflation provides no solace
About the best one can say about the April inflation report is that year-over-year metrics appear to have topped while core inflation increased. … READ MORE >
Inflation marches higher, hitting 8.5% compared to a year ago
Long ago and far away, it was once taught that inflation has long and variable lags. That still probably applies when setting policy, managing a portfolio or making longer-term investments as top-line inflation jumped by 1.2% in March to 8.5% on a year-ago basis, according to government data released Tuesday. … … READ MORE >
Preview of coming attractions: Inflation surges to 7.9%
The February consumer price index provided an unpleasant preview of coming attractions in the U.S. economy as top-line inflation soared by 0.8% on the month, pushing the year-ago reading to 7.9%, the fastest rate in 40 years. … READ MORE >