CPI Tag

Is the Snap Back in Rates Really that Surprising?

16 Mar, by Bryce Coward, CFA in Economy, Markets

The post-Fed action in the bond market yesterday was impressive, yet left some begging for answers. If the Fed raised short rates yesterday and reiterated its plans for the subsequent five rate increases through 2018, shouldn't the long-end be selling off? If it were only...

US CPI Makes The Rare Plunge Into Negative Territory

26 Feb, by Knowledge Leaders Team in Economy

While we recognize that the negative year-over-year change in the US CPI may soon reverse given gas prices have risen by nearly 30 cents, we wanted to highlight how rare a negative year-over-year print is in the US....

World Inflation Creeps Lower Again

30 Sep, by Knowledge Leaders Team in Uncategorized

Last month we mentioned how world inflation had reached a 56-month low. Well, the latest data (through August) shows world inflation, by our simple average of 33 countries year-over-year change in CPI, is creeping lower again. The latest reading stands at 1.65%....

Housing Market Index Is Up, Should Help Buoy CPI

17 Dec, by Knowledge Leaders Team in Uncategorized

The NAHB Housing Market Index increased to 58 to post the highest number since August, which is also the highest level of the recovery. The HMI correlates pretty well with house prices. And house prices, in turn, tend to lead CPI Owner’s Equivalent Rent....

Inflation Still Falling Around The World

02 Dec, by Knowledge Leaders Team in Uncategorized

Inflation is low around the world. According to our simple average of 33 CPIs (and 22 PPIs) inflation has been falling for the past four months. Not surprising then, inflation surprises are negative as well....

The Most Interesting Charts From Today’s US Econ Releases

20 Nov, by Knowledge Leaders Team in Uncategorized

Mortgage apps and existing home sales both fell. Mortgage apps dropped 2.3% week-over-week while existing home sales it’s first 3-month decline since May 2011. The year-over-year change in the CPI fell to a four-year low. Other than the negative CPI prints in 2009, this is...

No Inflation Pressure Worldwide

05 Nov, by Knowledge Leaders Team in Uncategorized

To get an idea of what the approximate ”inflation temperature” is around the world, we do a very simple exercise of averaging the year-over-year percentage change in CPI and PPI in a variety of countries around the world. We do our best to capture every...