US CPI/PPI - 2023-10-11
Date:
Thursday, October 12, 2023
Summary:
OK everybody, calm down (that means you, Jay). Core CPI ex-OER (the only true measure of the actual inflation signal) is at 2.4% year-on-year, below the Fed's target of 2.5%. Month-on-month it's just 2.14%. Three-month annual just 1.41%. We win. Be happy.