Why the Fed Cut Rates at the December FOMC Meeting
Those two facts explain the Fed’s decision to cut the target Federal Funds rate by 25 basis points to a range of 3 1/2 to 3 3/4 percent. Continue Reading →
Tag Archives: CPI
The Origins of Bidenflation
This article is about inflation. I will look at the first three years of the Biden administration: January, 2021 to January, 2024. Continue Reading →
Inflation, April 2024
The overall picture matched my expectations. April inflation was 0.3% month-over-month. That translates into a 3.8% annual rate. Continue Reading →
Controversy About the October CPI
Did the health insurance component of the CPI really fall 34% between October 2022 and October 2023? That led me to a CPI controversy. Continue Reading →
Inflation For Dummies Part 2
A while back, I wrote Inflation For Dummies. Apparently that was too complicated. Here’s a simplified version: inflation for dummies part 2. Continue Reading →
Two New Housing Price Indexes
Two new housing price indexes from BLS and the Cleveland Fed: New Tenant Repeat Rent Index (NTRRI) and All Tenant Repeat Rent Index (ATRRI), Continue Reading →
Facebook Factcheck Fail
Facebook factchecked my post about Bidinflation, saying it lacked context. The numbers match those reported by BLS. Facebook factcheck fail. Continue Reading →