CPI
96 postsAugust Inflation Preview: CPI Risks Growing More Balanced Even As PCE Risks Tilt More To The Downside
Core-Cast is our nowcasting model to track the Fed's preferred inflation gauges before and through their release date. The heatmaps below give a comprehensive view of...
Misled by the Phillips Curve: How Inflation Predictions Went Wrong
In a recent Barron’s article, I examined why last year’s predictions that fighting inflation would require an increase in the unemployment rate went so wrong. The flaws in these predictions can be traced back to three ideas: first, that vacancies are a good measure of labor market tightness; second