Thursday, June 17, 2010

What Stinkin' Inflation?

Briefing.com details a thought EconomPic has relayed for quite some time... that inflation is not cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 concern:

The CPI data for May provide furcá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365r affirmation that cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 Fed will be on hold for some time yet. Inflation pressures are simply not a problem at this juncture. The trend in both total CPI and core CPI is clearly one of disinflation, which is apt to stoke commentary about a possible turn to a deflation environment.

Consumer prices declined 0.2% in May, slightly lower than cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 -0.1% decline in April. The Briefing.com consensus expected cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 index to fall 0.1%. Total CPI is up 2.0% year-over-year versus a 2.2% increase in April.

Core prices, which exclude food and energy, increased 0.1% (consensus +0.1%). The year-over-year core CPI growth rate has fallen to 0.9%, well below cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 Fed's target level of 2.0% - 2.5%.
Year over Year Change in CPI



Excess Capacity in cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 System (and cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 relationship to price levels)



Source: CPI / Federal Reserve

1 comment:

  1. I think cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 sleeping issue behind all of this, is what will cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 role of "Peak Oil" have on inflation. If one subscribes to peak oil, cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 next question is to what degree does cheap oil leverage any sectors ability to keep costs down, or more importantly gear costs up if Oil increases. Our civilization's carrying capacity is predicted by cheap oil.

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