Alarm! Core Inflation Cools To 2.2% YoY, Rent Inflation Cools To 3.3% YoY (GINI Index Keeps Rising)

Despite the predictions of rising inflation, core inflation (CPI YoY less energy and food) cooled to 2.2%.

coreyoy.png

And rent inflation cooled to 3.3% YoY.

cpirent.png

Gold prices rose on the lower core inflation report.

goldinf

Meanwhile, the GINI index of income inequality keeps on rising.

gini2017

According to the Taylor Rule, The Fed still needs to raise their target rate to 7.54%.

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The Federal Reserve didn’t see that coming!

jpmorgan

 

 

One thought on “Alarm! Core Inflation Cools To 2.2% YoY, Rent Inflation Cools To 3.3% YoY (GINI Index Keeps Rising)

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