From Sticky to Streaky, Inflation Looms Larger
When I flagged the core Personal Consumption Expenditures (PCE) leapfrogging over the core Consumer Price…
CPI
Dr. Duru The Fed’s Favorite Inflation Measure Leapfrogs the CPI
The Personal Income and Outlays for December, 2025 from the Bureau of Economic Analysis (BEA)…
Australian Dollar Breaks Out As Economic Winds Blow Toward Rate Hikes
The Australian dollar (AUD/USD) in the form of the Invesco CurrencyShares Australian Dollar Trust (FXA)…
Powell Balks At the Next Step of Hopeful Monetary Policy
When Powell announced the resumption of easing monetary policy, he said the balance of economic…
Financing Costs Do Not Impact Calculated Inflation
The August inflation report (CPI) came in as “expected” but still hot and sticky and…
Powell Places His First Step On the Stairs Of Hopeful Monetary Policy
The current adventures in monetary policy take me back to the early pandemic times when…
July Beige Book Reinforces A Bottoming in CPI
The Federal Reserve’s July Beige Book sang a tune similar to the one from the…
A Calm Before Fresh Inflation Agitation?
If the Federal Reserve’s Beige Book for May, 2025 is indicative, then the soft CPI…
Despite the Inflation Celebrations, the Case Against Team Transitory Still Stands
The excitement over a slightly softer than “expected” October inflation print extended from financial markets…
Is the British Pound Topping Despite Lingering Strength in UK Core Inflation?
Expectations can define reactions to news in financial markets. Forecasts for June inflation in the…