4 ms·
Given that CPI was flat last month, I’m curious what you mean by 27th straight month?
by sbelskie 4y ago
Given that CPI was flat last month, I’m curious what you mean by 27th straight month?
- abduhl 4y agoI'm also confused by the OP. CPI has been above the Fed's 2% target since roughly the start of 2021, so even by that metric ("above 2% means a month of inflation") the OP seems off. I'm not really sure what it means to be a "month of inflation" honestly, inflation is always occurring in the US by design (and when it isn't there is usually a large global calamity taking place causing deflation). See https://fred.stlouisfed.org/series/CPILFESL https://fred.stlouisfed.org/series/CPILFESL or https://fred.stlouisfed.org/graph/?g=rocU https://fred.stlouisfed.org/graph/?g=rocU