Chart #1 illustrates how the BLS calculates the shelter component of the CPI. It's almost entirely driven by the year over year change in the Case Shiller…
CPI February 2024: No Fed Rate Cuts Any Time Soon seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
February CPI: Risk Skewed To Upside; Long-Term Picture Is Bearish seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
What deeply disappointed was “Core” CPI rose +0.4%, highest since May. This measure of inflation remained at 3.9% over the last 12 months, the same as it was in December.