Previewing CPI No economic news today. Tomorrow the August CPI will be reported. Recall that in July there was no inflation whatsoever. In August last year prices increased 0.3%, so any number lower than that will lower YoY CPI from its July level of 8.5% (June’s 9.0% YoY inflation having been the peak). The big […]

 by New Deal democrat Why Yesterday’s CPI report was so important As promised, here is a link to my article, Why Yesterday’s CPI Report was such a Big Deal, over at Seeking Alpha. I go into a great deal of detail parsing the report, particularly with regard to how the huge increase in house prices as […]