cpi core

Inflation Hysteria Takes Another Big Hit

By |2018-04-11T11:58:01+00:00April 11th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

As it turns out, those “transitory” inflation factors were worth only about 25 bps on the core CPI rate. This isn’t at all surprising and was as usual entirely predictable. But when you don’t have any answers there is a lamentable tendency toward denial or deliberate evasion, even if that leads toward the ridiculous. Base [...]