Inflation’s Demise Has Been Exaggerated
Similar to Twain’s observation, reports of inflation’s death have been greatly exaggerated. Despite tales to the contrary, it is...
Chart of the Week: Actual Housing Costs (w/o BLS Adjustments
Before 1983, CPI measured housing inflation by looking at what it cost to own a home (house prices, mortgage, property taxes). After 83,...
Back Out Housing Adjustments, and Core CPI = 5.3%
Adjust this! We visited the issue of BLS "Owners Equivalent Rent" in CPI back in May (and several times since). But we...
Inflation Spin
Barron’s Alan Abelson shares my disdain for ginned up CPI data: When it comes to the so-called professional response to economic...
Energy and Inflation
I’m travelling today, but I have to at least toss up a quick inflation chart, via WSJ. Note that the inflation ex-inflation...