FED’S PREFERRED INFLATION INDICATOR REACHES MANDATE AS IT JUMPS TO 6 YEAR HIGHS — SOURCE: 08-30-18 – “Fed’s Preferred Inflation Indicator Jumps To 6 Year Highs, Reaches Mandate” — The growth rate of Americans’ spending has slowed in the last three months (to +0.4% MoM as expected in July) and income growth has slowed, up […]
AS REAL INFLATION HITS 3.3% THE FED WILL HAVE TO CHOOSE WHICH BUBBLE TO BURST — SOURCE: 07-13-18 Phoenix Capital, Graham Summers – “Real Inflation Hits 3.3%… The Fed Will Have To Choose Which Bubble to Burst” — Anyone who continues to claim the Consumer Price Index (CPI) actually measures REAL inflation is in abject […]
US INFLATION STATUS: CORE CPI, SERVICES, GOODS, PCE, & FED’S UIG — Abstracted from: 05-08-18 -“Gundlach Webcast: “Is A Recession Coming?” …. On inflation, “it’s trending higher”, and notes that if Core CPI goes above 2.25%, the entire inflation narrative is going to change as it will be “something of a breakout.” If we don’t […]
MATASII INFLATION WATCH CONCLUSION The Fed is behind the curve on Inflation and presumably knows this. They are likely highly aware of the potential for a Recession in early in 2019. As a consequence they appear to feel they should error on being aggressive regarding rate hikes so they have more “ammo” available to fight […]
RAGING ASSET INFLATION OR RISING PRICE INFLATION – ITS ALL THE SAME PROBLEM! — SOURCE: 12-12-17- Mises Institute – Thorstein Polleit – “Asset Prices Are Prices Too” — We live in inflationary times. Some people might consider this statement controversial. This is because these days inflation is widely understood as a rise in the consumer […]
THE FED HAS ANOTHER INTERNAL INFLATION INDEX FEW ARE (YET) AWARE OF SEPTEMBER 22, 2017 Just Released: A Monthly Underlying Inflation Gauge Robert Rich Today marks the launch of the monthly publication of the Underlying Inflation Gauge (UIG). We are reporting two UIG measures, describedrecently on Liberty Street Economics, that are constructed to provide an estimate of the […]
CORE CPI & CORE PCE INFLATION TRENDING LOWER
FOMC SIGNALS CONCERN ABOUT SHORT TERM INFLATION WEAKNESS JULY FOMC MINUTES The most notable takeaway was the reference to “most participants expected inflation to pick up over the next couple of years….and to stabilize around the 2% objective over the medium term”. However, many participants “saw some likelihood that inflation might remain below 2% for longer […]
CORE Y-o-Y CPI CONTINUES TO FALL IN 2017
WE HAVE INFLATION – BUT JUST NOT ENOUGH IN THE SHORT TERM FOR THE FEDERAL RESERVE
