CPI, PPI and PMI are all important economic data, which not only reflect the macroeconomic situation, but also are important reference factors for national policy-making. In the United States, for example, CPI in the United States rose 1.3% month-on-month in June 2022, up 9.1% from a yea...
This time around, the stakes are similar. Indeed, Wednesday’s CPI represents one of the last major economic data releases before the next FOMC meeting, scheduled for early May. While the central bank has a stated preference for the Personal Consumption Expenditures (PCE) report, there’s no ...
The answer is yes. As you enter your information to create an instant quote, there's an option to add a Cost of Living (COLA) calculation by checking a box and selecting a COLA option from a pull-down menu. One of the options is "CPI." To review, here's what you see on that ...
7. How do jobs reports and inflation data (like CPI, PPI, PCE) impact rates? A strong jobs report or hot CPI data signals economic growth, which will typically push rates higher. Weak jobs and/or low inflation can have the opposite effect and lower rates. Rates can be quite volatile on...
Economists generally believe that when the Consumer Price Index (CPI) falls for two consecutive quarters, it indicates the presence of deflation. Deflation generally has the following impacts on economic activities. First, it leads to a decrease in total social investment. ...
Mary Long:We also got some inflation data that was released yesterday and that adds a little bit of rosiness to this overall picture. Total CPI held relatively steady, but it's core CPI. This is a number that excludes more volatile costs like food and energy that slowed for the first ti...
I hate the blending together that inflation is the CPI index. Inflation is the growth of money and credit and a measure of the impact of that is the CPI index. Now the nomenclature is you just call that inflation. But they targeted that. They violated Goodhart’s law. They took a measu...
index. The bureau measures price changes usinggross domestic product(GDP) data. It then adds the monthly Retail Survey data, and adjusts them to consumer prices using the CPI itself. The BEA uses a different formula for the PCE to compute its estimates, which smooths out any data ...
Others have suggested using the chain-weighted GDP or the PCE indexes instead of CPI, but theFederal Reserve concludesthey are at least as flawed as CPI is. Obviously, conspiracy theorists don't really care what the Fed says. In fact, most of the time I find that conspiracy theorists simpl...
The same is true for changes in CPI inflation. Monetary variables add nothing beyond what non-monetary variables already explain. The same is true for growth in non-farm payrolls. Given that the Federal Reserve has purchased trillions of dollars of government securities and replaced them with tril...