Further evidence that we've seen the worst, and that deflation is decelerating.
US Unconventional CPI
US Unconventional CPI
Tuesday, May 12, 2020
The unconventional measures are the same as the conventional ones now -- all point to a virus-driven price collapse.
US Unconventional CPI
Friday, April 10, 2020
The unconventional indices show the same thing for March -- prices sharply lower.
US Unconventional CPI
Wednesday, March 11, 2020
Our 15 nonstandard inflation gauges are telling 15 contradictory stories. Luckily the subject won't come up at next week's FOMC.
US Unconventional CPI
Thursday, February 13, 2020
Powell's fallback Trimmed-Mean PCE gives him his precious 2% YOY, but only 1.6% on the month.
US Unconventional CPI
Tuesday, January 14, 2020
Without seasonal adjustments, CPI showed deflation in December.
US Unconventional CPI
Wednesday, December 11, 2019
If nothing else, this panoply of conflicting inflation gauges proves that no one even knows what inflation is.
US Unconventional CPI
Wednesday, November 13, 2019
So many alternate measures -- in October, something to affirm anybody's confirmation bias.
US Unconventional CPI
Thursday, October 10, 2019
No wonder Powell likes the Trimmed Mean PCE measure of inflation -- it's right at 2%.
US Unconventional CPI
Thursday, September 12, 2019
Trimmed mean PCE inflation now exactly at 2%. No wonder it's the Fed's favorite measure.