Report
Data Round-Up: Core (CPI) Inflation Picking Up to Near Fed Target
posted by Michael Lewis on September 14, 2017
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Headline
Inflation is too low? Really? Over the past three months, ex-food & energy CPI has risen +1.9% annualized, not meaningfully different from the Fed’s +2% target (though their preferred core PCE deflator is lagging some).
Abstract
FMI’s analysis of today’s August CPI report and our review of the latest Weekly UI Claims and Rail Traffic data.