Dollars and Jens
Wednesday, October 17, 2007
BLS released the latest CPI data this morning. Inflation for the last year is still under 3%, though not by a lot. Some costs are going up faster than others, but nothing is skyrocketing. Milk, I suppose. And, of course, energy would be bigger if we looked at several years rather than just one. At any rate, I doubt these numbers are terribly worrying to the Federal Reserve.

I'm not sure when the Dallas Fed updates their trimmed-mean PCE number, but that's been lower than the CPI and trending downward.

Actually, I probably have no more insight into these numbers than you do - go ahead and peruse them yourself.

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