Public Monster Trucks With Monster Bills May 7, 2024 2 min read Since just before the pandemic during January 2020 through March of this year, the CPI indexes for new autos, auto maintenance & repairs, and auto insurance are up 21.0%, 34.8%, and 44.6% (chart). These all exceed the 20.6% increase in the headline CPI over this period. Why? Americans are buying lots more expensive light trucks than passenger cars. They cost more to buy, maintain, repair, and Ed Yardeni
Paid Is Inflation Persistent, Sticky, or Transitory? Oct 12, 2023 2 min read paid In our opinion, price inflation is turning out to be transitory after all. Wage inflation is more persistent, but moderating. Rent inflation is stickier, but also moderating. Today's CPI report for September mostly confirms our assessment. Fed officials will undoubtedly stress that at 3.7% y/y and 4.1%, the headline and core CPI inflation rates remain too high above their 2.0% inflation target. However, some Ed Yardeni
Paid PCED Inflation Rate Still On Moderating Course Aug 31, 2023 2 min read paid Both the headline and core PCED inflation rates rose 0.2% m/m in July. Fed Chair Jerome Powell anticipated that they would be moderate as they were in June in his Jackson Hole speech on Friday of last week. However, he said that two consecutive months of such moderation aren't enough. He wants to see inflation drop closer to the Fed's 2.0% target on Ed Yardeni
