Tag Archives: U.S. CPI

Where The Inflating Things Are

On the eve of the Fed’s FOMC two-day meeting we thought this chart illustrating what is inflating in the U.S. consumer basket very relevant.   Don’t see much deflation x/ energy and the core CPI (x/ food and energy) remains stuck … Continue reading

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Inflation Convergence and Real Earnings

The BLS chart clearly illustrates the convergence of core (x/ food and energy) inflation and all items.   Core inflation is up 2.3 percent y/y, which is a little hot given its recent history.  Here’s the BLS commentary, The index … Continue reading

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What’s Driving U.S. Inflation?

The Consumer Price Index for All Urban Consumers (CPI-U) in the U.S. increased 2.9 percent in February before seasonal adjustment.  These BLS charts and table illustrate what is driving the increase. (click here is charts and table are not observable)

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What’s Inflating in the U.S. Consumer Basket

Note all components are above the 10-year Treasury yield.    That’s some financial repression! (click here if chart is not observable)

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Trends in U.S. Inflation

Here is an informative chart from the BLS.   What gets lost in all the noise and doom and gloom out of Europe is the U.S. consumer price index has been running at 3.5 percent on annual basis since early spring.   … Continue reading

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