by Summary:
Unless I was interested in short-term breakevens, I viewed the consumer price index (CPI) as a lagging indicator and therefore not too exciting. As such, I am not as enthusiastic as other commentators with regards to reading the entrails of the CPI report. My interest was more in the underlying trends, and what we would expect to change. The problem with the U.S. CPI is that one of the most important “underlying” factors is housing — and the housing component has taken off like a rocket....Bond EconomicsUS Housing Component Of CPI Not Letting UpBrian Romanchukhttp://www.bondeconomics.com/2022/05/us-housing-component-of-cpi-not-letting.html
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Unless I was interested in short-term breakevens, I viewed the consumer price index (CPI) as a lagging indicator and therefore not too exciting. As such, I am not as enthusiastic as other commentators with regards to reading the entrails of the CPI report. My interest was more in the underlying trends, and what we would expect to change. The problem with the U.S. CPI is that one of the most important “underlying” factors is housing — and the housing component has taken off like a rocket....Bond EconomicsUS Housing Component Of CPI Not Letting UpBrian Romanchukhttp://www.bondeconomics.com/2022/05/us-housing-component-of-cpi-not-letting.html
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
New Economics Foundation writes Is the Labour government delivering on its promises?
John Quiggin writes Dispensing with the US-centric financial system
New Economics Foundation writes Whose growth is it anyway?
Matias Vernengo writes What is heterodox economics?
Unless I was interested in short-term breakevens, I viewed the consumer price index (CPI) as a lagging indicator and therefore not too exciting. As such, I am not as enthusiastic as other commentators with regards to reading the entrails of the CPI report. My interest was more in the underlying trends, and what we would expect to change. The problem with the U.S. CPI is that one of the most important “underlying” factors is housing — and the housing component has taken off like a rocket....Bond Economics
US Housing Component Of CPI Not Letting Up
Brian Romanchuk
http://www.bondeconomics.com/2022/05/us-housing-component-of-cpi-not-letting.html