Posts Tagged ‘ECI’

Despite fears of inflation, it’s currently benign no matter how measured. The CPI is up 2.1% year-over-year while the core CPI (which removes food and energy) is up just 1.9%. The PCE, the Fed’s preferred inflation measure, is up 1.6% Y-o-Y with the core up 1.5%. Economy wide inflation is at 1.6% Y-o-Y, and average…