Overall Personal Consumption Expenditures, the Fed’s favorite measure of consumer inflation, were 0.3% in August and -0.5% year-over-year through August. Excluding volatile oil and food costs from the readings, “Core” PCE price index for August was +0.1% and +1.3% YOY through August. The Fed looks closely at Core PCE excluding food and energy prices because
Gas Prices
When I got home last night, my wife demanded that I take her someplace expensive…So I took her to a gas station…That’s when the fight started. Gasoline prices are on the rise, just in time for “Talk Like a Pirate Day”, which is tomorrow. In our wonderful non-metric system here in the US, a “barrel”
The US Consumer Price Index, which measures inflation at the consumer level of the economy, was +0.4% in August and -1.5% year-over-year through August. Excluding volatile oil and food costs from the readings, “Core” CPI for August was +0.1% and +1.4% YOY through August. You can view and download historical CPI data by scrolling down
The US Producer Price Index, which measures inflation at the business and manufacturing levels of the economy, was +1.7% in August and -4.3% year-over-year through August. Excluding volatile oil and food costs from the readings, “Core” PPI for August was +0.2% and +2.3% YOY through August. You can also view and download historical PPI data
Having a home office can be difficult. Last week my daughter came in and told me that, due to cost cutting measures, the board of directors was considering replacing me: with voice mail. “In fact, Dad,” she continued, “if things don’t pick up around here, every day would be casual Friday for you – you
Overall Personal Consumption Expenditures, the Fed’s favorite measure of consumer inflation, were even in July and -0.8% year-over-year through July. Excluding volatile oil and food costs from the readings, “Core” PCE price index for July was +0.1% and +1.4% YOY through July. The Fed looks closely at Core PCE excluding food and energy prices because
The US Producer Price Index, which measures inflation at the business and manufacturing levels of the economy, was -0.9% in July and -6.8% year-over-year through July. Excluding volatile oil and food costs from the readings, “Core” PPI for July was -0.1% and +2.6% YOY through July. You can also view and download historical PPI data
The US Consumer Price Index, which measures inflation at the consumer level of the economy, was unchanged in July and -2.1% year-over-year through July. Excluding volatile oil and food costs from the readings, “Core” CPI for July was +0.1% and +1.5% YOY through July. You can view and download historical CPI data by scrolling down
Overall Personal Consumption Expenditures, the Fed’s favorite measure of consumer inflation, were +0.5% in June and -0.4% year-over-year through June. Excluding volatile oil and food costs from the readings, “Core” PCE price index for June was +0.2% and +1.5% YOY through June. The Fed looks closely at Core PCE excluding food and energy prices because
The US Consumer Price Index, which measures inflation at the consumer level of the economy, was +0.7% in June and -1.4% year-over-year through June. Excluding volatile oil and food costs from the readings, “Core” CPI for June was +0.2% and +1.7% YOY through June. You can view and download historical CPI data by scrolling down
The US Producer Price Index, which measures inflation at the business and manufacturing levels of the economy, was +1.8% in June and -4.6% year-over-year through June. Excluding volatile oil and food costs from the readings, “Core” PPI for June was +0.5% and +3.3% YOY through June. You can also view and download historical PPI data
Overall Personal Consumption Expenditures, the Fed’s favorite measure of consumer inflation, were +0.1% in May and +0.1% year-over-year through May. Excluding volatile oil and food costs from the readings, “Core” PCE price index for May was +0.1% and +1.8% YOY through May. The Fed looks closely at Core PCE excluding food and energy prices because
Would you like to feel your head spin? Check out the US Debt Clock. ARM Originations Up As Rates Rise Folks following rates will notice that with the steeper yield curve, interest in ARM loans has picked up. Bank-to-bank lending rates have plunged to near record lows in recent weeks, a positive indication for the
Overall Personal Consumption Expenditures, the Fed’s favorite measure of consumer inflation, were +0.1% in April and +0.4% year-over-year through April. Excluding volatile oil and food costs from the readings, “Core” PCE price index for April was +0.3% and +1.9% YOY through April. The Fed looks closely at Core PCE excluding food and energy prices because
Rates Rising On Economic Optimism, Jumbo-Conforming Spreads, Enough Writedowns-Now for Some Writeups
I was driving along the other day with my son and daughter, listening to the radio about yet another company that was laying-off employees. My son said, “The economy is so bad that McDonalds is now selling the ¼ ouncer, and parents in Beverly Hills fired their nannies and learned their children’s names.” Not to
The US Consumer Price Index, which measures inflation at the consumer level of the economy, was 0.0% in April and -0.7% year-over-year through April. Excluding volatile oil and food costs from the readings, “Core” CPI for April was +0.3% and +1.9% YOY through April. You can view and download historical CPI data by scrolling down
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