Increasing Inflation

Inflation_1Y-o-Y CPI inflation is 2.1%, but as recently as 9/15 was 0%. Similarly, producer price inflation has risen from -8.4% in 9/15 to 2.6%, and import inflation has climbed slightly more. The Fed’s preferred inflation measure, core PCE, has increased from 1.3% in 7/15 to 1.7%. While the rise in inflation is much desired, the Fed is monitoring it closely to begin raising rates when necessary, probably June.

Share This Post
Facebook Twitter Email

Speak Your Mind


This site uses Akismet to reduce spam. Learn how your comment data is processed.