My Analog LifeHow We SurviveI've Always Wondered ...A Warmer World

Loading...

0:00
0% played
Stories Tagged as

CPI

Sticky shelter prices make Fed's 2% inflation target hard to reach

by Stephanie Hughes
Jul 11, 2024
Housing costs rose 5.2% in June from a year earlier, pulling up the consumer price index.
Housing is in a supply crunch, which is keeping costs high and inflation from dropping further. But that doesn't mean the Fed won't cut rates.
Spencer Platt/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

How does the cost of housing figure into the consumer price index? It's complicated.

by Caleigh Wells
Jun 14, 2024
Owners' equivalent rent measures the market cost of living in a home — which is a bit different from how much we actually spend on housing.
The cost of housing makes up more than a third of the CPI.
Mario Tama/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Why is the Fed still so cautious about interest rates?

by Mitchell Hartman
Jun 13, 2024
Despite the CPI coming in unexpectedly low, the Federal Reserve needs more convincing that inflation is really getting better.
"Consumers change their buying habits, they move from steak to chicken, from the upper shelf down to the lower shelf," said Dan North with Allianz Trade about inflation.
Frederic J. Brown/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

In April, grocery store prices were flat — or even lower

by Caleigh Wells
May 15, 2024
Consumers tend to be very sensitive to food costs. Fresh edibles like fruit, vegetables and meat saw substantial declines.
The prices of fresh food like fruit, vegetables and meat saw some of the biggest decreases.
Frederic J. Brown/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Why isn't the cost of borrowing money included in the consumer price index?

by Nancy Marshall-Genzer
May 15, 2024
Loans are a big cost, but they would muddle the data in the CPI. Fed rate hikes would essentially create inflation, despite their intention.
Borrowing is a major expense for many Americans. One example is the interest on car loans.
Justin Sullivan/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

The federal government's inflation measures can feel ... wrong. How accurate are they?

by Nancy Marshall-Genzer
Apr 30, 2024
CPI and PCE can both seem to be out of step with consumers' experience.
The CPI and PCE each have their own basket of goods and services they keep an eye on to determine how inflation is doing.
Joe Raedle/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Electricity bills could hit your pocketbook even more this summer

by Henry Epp
Apr 10, 2024
The Energy Information Association expects electricity demand to rise by 4% this summer, anticipating that it’ll be even hotter than last year.
The EIA expects electricity demand to rise by 4% this summer, anticipating that it’ll be even hotter than last year. Many people will likely be running their ACs more to cope with the heat.
Brandon Bell/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

For public good, not for profit.

Donate

Import prices rose more slowly in February. That could help bring down inflation.

by Justin Ho
Mar 15, 2024
The Labor Department reported that the price of imported goods rose 0.3% in February compared to 0.8% the month before.
Prices at the import level can affect prices that show up in other inflation data.
Julia Nikhinson/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Inflation falls, but not as much as expected

by Matt Levin
Feb 13, 2024
The CPI rose 3.1% in January compared to a year ago.
A major factor in core inflation is shelter costs. But the way the CPI calculates rent lags a bit behind current rent prices.
Patrick T. Fallon/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

When an item costs more but you still need it? That's "inelastic demand."

by Stephanie Hughes
Feb 13, 2024
Despite inflation, people still buy as much food, medicine, gasoline — even coffee.
The price of baby food and formula is up 8.7% year over year, according to the latest CPI.
Brandon Bell/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE